Post-open review… Back to square-one.

Yesterday”s late low being retested as resistance.

The pre-open probe above 2088.00 stopped short of touching 2091.25. So, pre-open buyers stopped short of trapping themselves. That”s not necessarily bullish, but it prevented buyer from being marginalized.

Back under 2088.00 triggered a drop that touched uptrending support from overnight lows at 2080.25. That”s where the selling ended, and when — with the opening 15 minutes of volatility, and not a moment later. It was as bearish as possible without gaining traction for its effort. Sellers weren”t marginalized.

A bounce back to 2088.00 repeatedly pierced under 2083.00, chipping away at its support without actually breaking lower. That effort ended with a surge to fresh session highs, testing the 2096.00 overnight lows. 

Exiting the bias environment any higher would give the recovery traction, targeting 2100.00-2101.00 and potentially new highs. Exiting the bias environment back under 2088.00 would isolate the probe above 2091.25 and give the decline traction, targeting fresh session lows, and lower.