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Post-open Review… Another delay. – If, Then… Market Timing

Post-open Review… Another delay.

Overnight rally slides into and out of the open.

Fresh highs were probed up to 2095.00, which is 1 point above this morning’s bias-up signal. But the open was greeted at 2091.00, and its break has extended down to 2083.25. That’s more than 1 point under the bias-down signal.

The 2084.50 bias-down signal was still being overlapped at 10:15 to invoke the grace period. It’s being somewhat recovered at 10:30.

This is a “late no-bias” environment. An offsetting test of the 2094.00 bias-up signal is in-play.  Late signals are less reliable, and I wasn’t bearish coming into the session, but I would be much more bullish back above 2090.00.