Post-open Review… Delayed gratification.

Is yesterday’s high finally being probed?

Not gapping down steeply kept alive the likelihood for rewarding yesterday’s rally by probing yesterday’s highs this morning. That’s difficult to believe when the pre-open surge to 1874.00 is reversing down to 1841.00 into and out of the close.

Just a little hiccup.

Testing the 1846.00 bias-down signal held through 10:15 to avoid triggering. That would put into play an offsetting test of the 1865.00 bias-up signal. But the bias-up signal was being tested at 10:15 to invoke the grace period.

And it was overlapped at 10:30 to trigger noN-bias.

Its 1869.25 bias-up target was met anyway. And it has been probed up to 1873.75. The reward due yesterday afternoon’s sponsorship (i.e. control of this morning’s bias environment) suggests that probing above yesterday’s highs will persist a little longer.