Post-open review… Backing-and-filling.

Open”s slide gained no traction.

The open”s blip-up touched 2069.75 resistance and reacted back down to the 2065.50 preliminary indication. Still overlapping it at 9:45 prevented identifying whether new buying sponsorship was being attracted. That didn”t prevent probing lower since then to to 2059.50.

But it did suggest that probing lower would be the temporary. At least one early element suggests that, too — the first reaction down was retraced by only 38.2% before triggering the 2065.50 sell signal. Reversing down from a 61.8% bounce would have required strong-handed sellers.

Indications of impatient sellers means that buyers are patient. At least, relatively patient. In fact,the reaction up from 2059.50 is fulfilling expectations for being sudden, steep and substantial, already testing 2067.50.

Exiting the bias environment above 2068.00 could extend higher this afternoon to test 2072.50 and 2076.00. But that”s not yet required. Little is, until there”s more visibility on acceptance of the latest Greece bailout proposal,