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Strategies & Market Trends : Value of Perfect Information
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From: Q811/18/2008 1:13:12 AM
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Interesting:

The Dow futures will 80-90% of the time test a pre-opening high or low in the first 60 min. Say it's up 100 in premarket but 15 min before the open it's only up 20, rest assure it goes to test the preopen futures high soon enough and visa versa on the downside.

If it's an up day the retest of the premarket futures high will be successful and the market continues higher. Or the reverse on a down market.
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