Post-open Review… Bounced it.

Bias-up signal tested, thrice. Held, twice.

Rallying this morning required buyers to be productive almost immediately. Even that could have been absorbed by sellers, so long as the 2267.25 bias-up signal didn’t trigger. And especially so long as the bounce was reversed back under 2266.00.

The open didn’t firm immediately, but it firmed. And it tested 2267.25, then reversed down to 2264.00 as no-bias was triggered. Putting into play the offsetting test of the 2261.25 bias-down signal didn’t prevent retesting 2267.25. It held again through 10:30.

The no-bias environment triggered, and avoided invalidation, but not for lack of proximity. The 2267.25 bias-up signal must now define this window’s upper-end. So, probing above it would be no-bias trending.

It’s now being pierced by almost 2 points, but not yet above its 3-minute high

I’m willing to give the fresh high some benefit of the doubt for staging another detour like yesterday morning. Regardless, I would be ready to reverse short back under 2266.00, at the latest.