Post-open Review… Digging deeper.
Choppy fluctuation around critical support.
Hovering narrowly around the 2006.00 bias-down signal opened there, and then bounced to attack 2009.00. Reacting down to fresh lows came within 2-3 ticks of the 2001.50 bias-down target.
But bias-down was never signaled. It was overlapped within 3 minutes of 10:15 to invoke the grace period. And it was still being overlapped at 10:30 to trigger noN-bias.
This morning is not bias-down, so the bias-down target isn’t in-play. It’s not no-bias, so an offsetting test of the bias-up signal isn’t in-play.
That said, filling the gap back up to Friday’s 2012.00 close is likely. Potentially also a fresh high testing this morning’s 2013.00 bias-up target.
Back under 2004.00 would start targeting fresh session lows. Otherwise, sellers are likely marginalized.
