Post-open review… Baked in.

Pre-open surge retraces entirely.

The reaction to this morning”s Employment Situation report touched the 2079.00 bias-up target. While we were conducting the pre-market Tour, that reaction melted away entirely back under 2073.00. Bouncing into the open only touched 2077.00 before reversing down to a fresh low at 2071.00.

That”s still positive territory — or, at least, unchanged vs. yesterday”s futures close that had extended a couple of points above the cash session close.

Meanwhile, a blip-up barely managed to touch the 2074.00 bias-up signal within 3 minutes of the 10:15 signal. Although still not recovered, that invoked the grace period.

Still not recovering 2074.00 through 10:30 would trigger late no-bias, putting into play an offsetting test of the 2062.25 bias-down signal, with some interim support likely around 2069.00. Recovering 2074.00 through 10:30 would target a retest of the 2079.00 pre-open high — and probably drift above it as afternoon volume shrinks.