Post-open Review… Crossing the street.

Opening weakness ultimately holds critical support.

The 1982.00 open was 2-3 points under yesterday’s close. Post-open action trended down immediately — and substantially, attacking the 1975.50 bias-down signal to within 1 tick. A bounce resolved down to retest 1975.50 by a couple of ticks.

Another bounce pierced it yet again. That last test invoked the grace period, and ultimately the 1975.50 bias-down signal did not trigger. So, this is a late no-bias environment.

An offsetting test of the 1986.00 bias-up signal is in-play. Its test isn’t required since the bias signaled late. But already fresh post-open highs just touched 1983.00.

Meanwhile, the 1982.00 open is being overlapped. It is natural resistance. But fresh session highs remain likely so long as pullbacks hold 1979.00.