Post-open Review… Back down to unchanged.

Pre-open rally is retraced.

Already trying to rally overnight, this morning’s 2264.00 bias-up signal was touched before the open. But not after the open. It certainly didn’t trigger, but neither was its test rejected. That would have put into play an offsetting test of the 2255.00 bias-down signal.

Sliding just a little has tested 2257.25. Or is still testing 2257.25. It hasn’t actually been rejected, although back above 2260.25 and 2261.50 would be likely also to test 2264.00. Meanwhile, any fresh low would likely test 2255.00, and possibly also probe under it, despite this being a no-bias environment.

None of which has anything to do with the bullish WedEX influence likely to arrive after the noon hour. Nothing, other than this morning being an appropriate window to expend selling pressure that clears the way for upside into and out of the weekend.