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Using Fair Value to Trade the Open

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Bill Cara
Jun 06, 2025
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June 6, 2025

Today's Pre-Market Snapshot: DJIA

  • Yesterday’s Close: 42,379.74

  • Latest Fair Value (FV): 42,649

  • Implied Sentiment Premium:
    FV - Yesterday’s Close = 42,649 - 42,379.74 = +269.26
    Translation:
    Futures are pricing in a +270 point premium above fair value.
    This screams aggressive bullish sentiment.

What This Means for the Open

  1. Predicted Open:
    Yesterday’s Clo…

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