Post-open Review… The chop never stops.

Initial surge hardly defines the open.

This week’s pattern of multiple personalities has continued through today’s open. The recovery to 2806.00 had reacted down 10 points before the open, and still had time to gap up at 2806.00.

Then extending 2 points higher reacted down 8 points to attack 2800.00, and avoided triggering the 2805.00 bias-up signal. Attacking it to within 2 ticks wasn’t close enough to invoke the grace period, but probing it through the bottom of the hour has invalidated the no-bias.

It’s too late to trigger bias-up, so its target isn’t in-play. It’s not a no-bias, which would have put into play an offsetting test of bias-down signal. Probing higher is possible — in line with the template we’ve been discussing, which would include vulnerability to reversing down.