Post-open Review… Another brief dip.

Wide opening range triggers only no-bias.

The overnight rally to 2268.50 had reacted down to 2263.00, where yesterday’s late bounce had ended the day. The 2268.50 overnight high was retraced to within 1 tick. Despite being 2 points back above Friday’s lows, the recovery failed again.

Greeting the open 1 point under the 2266.00 bias-up signal slid quickly to 2258.25. The opening 15 minutes of volatility began lapsing back at the overnight reaction’s 2263.00 low. Firming further eventually attacked the 2266.00 bias-up signal to within 1 tick.But only after triggering no-bias.

Not touching the bias-down signal post-open, no offsetting test of the 2256.00 bias-down signal is required. Touching the bias-down signal 1 minute prior to the open should be noted, regardless of the opens’ slide already having expended a lot of selling pressure.