If I have time before the market opens, I do a pre-market analysis and input my S&D levels. So just before the open I took a screenshot of my 5 min chart, where price was just below one of the SZs. On the open, price bounced off the SZ by about 6 pts and made a new low. It then rallied past the SZ and reversed at the next SZ for around 14 pts.
So it is important to do the pre-market analysis in order to know where the better S&D levels are before the open. And this is the reason we need to know the price action during the Globex session.
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