Post-open Review… Brought.
Doubly-renewed bias-up.
The open’s blip-up immediately pierced 1881.00. It was soon exceeded to attack 1886.00. Still it reacted down to 1874.50.
The opening rally’s post-open reaction down still recovered up to 1892.25. The 1876.50 bias-up signal was renewed above its 1882.25 bias-up target AND doubly-renewed above its 1887.50 renewed bias-up target at 10:15.
All of which is testing 1891.50, which remains a critical retracement of yesterday afternoon’s drop, as it was at the time. And RSIs just diverged negatively into its test.
That’s not a sell signal, but it does signal vulnerability to at least a corrective dip with potential down to 1884.00. Back under 1888.00 would suggest the dip is underway.
Extending above 1891.50 — and not just overlapping it — might find obligatory resistance at yesterday’s 1895.00 highs. But just extending above 1891.50 would already suggest the rally to 1915.00-1920.00 remains intact.
