Category: Pre-open

Exactly one week ago as prices slid into the area now being retested under 7677, I updated my opinion of whether its support could withstand becoming something much deeper and…
No single timing window has yet developed complex trending above the 7772 high of Tue’s invalidated bearish Reverse-bias. Plenty of probes, but none has developed complex trending. Not Wed’s FOMC…
Tue’s late A.M. rally was strong-handed enough to invalidate the cleanly triggered Reverse-bias signal, after a gap-fill back to Mon’s 7714 close. That reversal peaked at noon, didn’t extend any…
Although overnight’s range overlaps Mon’s afternoon consolidation, it doesn’t qualify as false breaks in either direction. But it does reflect the market’s intent to produce a bigger move away from…
Still hovering at or around October’s 7675 lows only reinforces their relevance, but it doesn’t necessarily reinforce their support. And having yet to reject Fri’s obligatory probe lower still suggests…
Multiple viditrade setups are at various stages of developing, triggering, and playing out doing so. They are currently negotiating when to produce a distinctive break under Thu’s lows. There is…
Wed’s rally had bullishly discounted post-close earnings expectations. The late afternoon 61.8% retracement was in reaction to a wholly unrelated catalyst — not a correction of the earnings optimism, which…
Globex hasn’t answered my question from the close: whether Tue’s post-open headline had prevented the open’s dip from further retracing Sun’s initial rally. Helped by Tue’s post-close surge, unfinished business…
Mon’s A.M. window expanded its buying pressure in opposition to the bearish WedEX influence. Noon hour’s 7763 entry immediately began to expend that pent-up selling pressure with a 4-minute 16-point…