Category: Pre-open

Despite Globex only correcting a portion of Thu’s last-minute surge and then extending and then probing its highs, buyers have yet to prove they’re strong-handed or that this bounce from…
Strategy Planner’s video describes in detail the 7515-7530 equilibrium channel of the current range hat would most influence Thu’s intraday direction. At this moment, a recovery attempt back into the…
Tue’s gap up then absorbed an initial reaction down, and this balanced mix of momentum and refueling extended overnight’s rally to the current range’s 7552 upper-end. But no higher, gaining…
The 2-day multi-session range remains intact with overnight’s rally. Early blips-down under Mon’s lows lacked complexity that would otherwise form an optimal and more reliable bullish Globex-flip. So, while sellers…
Three influences in motion at the moment. Most recent is the Iran headline spike up, already retracing 61.8% back to its 7523 origin. That origin was on the precipice of…
Last-minute countertrend reaction like Thu’s 32-point bounce is not going to be sponsored by strong hands, and therefore likely to be retraced — if not also reversed, snapping the stretched…
Wed’s two significant rounds of selling each recovered almost entirely. The 2nd-15’s 25-point drop recovered to within 1 point of its origin, and the A.M. window’s 55-point drop recovered to…
If Tue’s sideways-ranging inside day was pre-PPI optimism, then Globex’s hovering above Tue’s range was even more of it. But it still lacks the degree of momentum that would make…
Globex has extended Mon’s focus on defensively posturing ahead of Tue’s CPI and Fed Chair congressional testimony day-1. Probing intraday lows overnight and then bouncing into positive territory has formed…