Should the opening candles be read as part of the pre-market pattern, or as their own individual trend?
E.g. If premarket was going down, and opening candles up, I'm looking at a pullback for short.
If opening candles are their own thing, I'm looking at a long.
Is this CVS move up from 9:45 an indication of upward pressure, or just a pullback for the pre-market movement down?
The pre-market has different characteristics then the RTH. Degapping from the closing of the previous day's trading to the opening of the current day, insights are available. This is true provided sufficient liquidity exists in the trading instrument.