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Post-open Review… Briefly paying respects. – If, Then… Market Timing

Post-open Review… Briefly paying respects.

Post-open dip is reversed up.

Regardless of having no durable effect on price action, there’s usually a near-term reverence for events like Belgium’s. So, firming post-open up to 2035.00 was retraced to the 2030.50 pre-open low.

And that was it. At least, so far.

The post-open dip’s reaction has recovered back up to 2039.00. This area is critical, and would have produced a deep drop if tested immediately post-open. Testing it after dipping already could extend.

That would also help to confirm this morning’s no-bias signal. The 2035.75 bias-down signal was still being tested at 10:15 to invoke the grace period. Fresh post-open highs at 10:30 would help to confirm an offsetting test of the 2045.00 bias-up signal is in-play.