It’s busy in the pre-market and the big story is bonds.
The last update, using Wyckoff as the example, said bonds would break to the upside from the wedge formation.
Sometimes before such a break, there’ll be a momentary push in the opposite direction. Then the real (reversal) move starts. That may be what’s happening now.
Looking at TLT, pre-market is trading below well-established support. If that’s where TLT opens, it may be the last gasp for the bears.