Post-open Review… Buyers stabbed in the back AND front.

Pre-open surge repels reinforcements.

Greeting the open at 2404.00 blipped-up to within 2-3 ticks of the 2405.00 attraction. Its immediate reaction quickly slid 4 points down to 2400.50. Still testing the 2401.00 bias-up signal up to 2403.00 invoked the grace period.

That was also a test of yesterday’s lower prior highs. But its first reaction up wasn’t exploited. This didn’t make resolving down any likelier. It did make a resolution down likelier to be substantial.

And it resolved down. No-bias was triggered, putting into play an offsetting test of the 2392.75 bias-down signal. Already, the 2396.25 overnight low is being retested.

The setup at yesterday’s close was vulnerable to reversing down at any time, but probably not without first rejecting a fresh high. Both parameters are playing out, albeit on a smaller scale. Recovering from fresh lows to probe fresh highs remains likely.