Post-open Review… Backing and filling time.

No upside rush or downside attraction, allowing time to fluctuate.

The pre-open bounce from 2006.00 had attacked 2018.00, but needed to extend a little further before retracing 61.8% of the overnight slide. Then the bounce was able to peak, and to be retraced, halfway back down to touch 2012.00.

Neither bias signal was touched, so there’s no requirement for an offsetting test of the other bias signal, or to test a bias target. But there’s room to fluctuate between the bias signals.

Bouncing back above 2016.75 (being tested now) could extend to test this morning’s 2023.00 bias-up signal. Back under 2014.25 would target 2011.00 and potentially also the 2008.00 bias-down signal.