Post-open Review… Chilling.
Overnight rally is correcting post-open.
The pre-open pullbacks down to 1938.00-1939.00 broke lower to attack this morning’s 1931.00 bias-up signal to within 3 ticks. Its reaction up to 1939.50 reversed down to fresh lows at 1930.75.
Bias-up triggered along the way. Its bias-up target and renewed bias-up targets had been tested pre-open. But this is still a bias-up environment.
Probing a resh low would be understandable, but not required in order to rally.
