Post-open review… Climbing up to the edge of the hole.

Post-open rally is attacking resistance.

The very late pre-open surge to 2122.00 was retraced entirely by the first two post-open minutes. That pessimism kept optimism in-check, and price has trended higher since then. This morning”s 2128.00 bias-up signal was just touched.

Being a no-bias environment, a test of the bias-up signal should define the range”s upper-end. It didn”t require being tested (the 2119.25 bias-down signal wasn”t actually touched). And it doesn”t require holding precisely (it can be probed, either to 2129.00 or to 2130.25). 

Any probing above 2128.00 before the bias environment begins lapsing at 11:30 should be retraced. And meanwhile, back under 2126.00 (now being tested) would start to signal momentum reversing down, probably to 2123.25, if not also to 2121.00.

Not dipping, and also not extending before 11:30 comes within view, would allow the recovery to extend. But there”s no requirement for that today.