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Post-open Review… Until the bitter end. – If, Then… Market Timing

Post-open Review… Until the bitter end.

Post-open surge still thoroughly tests resistance.

The 2055.00 bias-up signal just triggered. So long as it isn’t invalidated back under 2055.00 through 10:30, it’s entirely capable of testing its 2061.00 target.

2055.00 is being tested now as support. It’s too late to trigger no-bias and to require an offsetting test of the 2041.00 bias-down signal. Not bouncing back above it through 10:30, and no longer overlapping 2055.00 would simply invalidate the bias-up.

Recovering to 2056.00-2057.00, and probing it up to 2058.75, expended a lot of buying pressure. I would have given it a benefit of the doubt if it had extended quickly through 2059.50. But buyers aren’t exploiting that, as now 2052.00 is being tested as support.

Regardless of the bias environment, there is room back down to 2041.00 simply as noise, while waiting for new traction to be gained.