Post-open Review… A last-ditch effort.

Pre-open lows reverse up through the open, then stop.

Overnight action had ranged sideways down to 2909.00. Probing lower 90 minutes before the open reflects late sponsorship that often fails. It failed this time, too, surging from 2906.00 to open unchanged at 2911.50.

More so, the surge extended up to 2917.25. In the first 3 minutes. One hour earlier, the 2908.00 bias-down signal was in jeopardy, and suddenly the 2915.25 bias-up signal is threatening to trigger.

It didn’t.

Triggering no-bias has put into play an offsetting test of the 2908.00 bias-down signal. Price has trended back down to 2910.00. The thin volume environment remains difficult to trend to new extremes, and more vulnerable to retracing recently covered territory.