Post-open Review… Dancing on the head of a pin.

Trying to fluctuate away from unchanged.

This morning’s first several minutes ranged around 1930.75. A dip to 1926.00 was recovered enough and in time to overlap 1930.75 at 10:00. It was still being overlapped at 10:15. That’s a relevant level since it was yesterday’s opening print and its cash session close equivalent.

And three of the first hour’s five 15-miute checkpoints overlapped it. Which signals that this market does not want to trend.

Still, being a no-bias environment, there’s room to fluctuate between its 1924.00 and 1938.25 bias signals. The upper-end is being tested now. It’s too late to trigger, so exceeding the bias-up right now would be “no-bias trending” that must be retraced.

Otherwise, back under 1937.00 and 1935.00 would start to reverse momentum down, presumably targeting the range’s lower-end, potentially to 1922.50.