Post-open Review… Digging out of a hole.

Overnight dip somewhat recovers.

The 2882.50 overnight low had stopped 1 point short of this morning’s 2881.50 bias-down target. Then it was tested by an opening dip to 2878.00. Both were easily recovered through the opening 15 minutes of volatility to at least suggest sellers weren’t gaining traction.

And this being thinner holiday volume, trying and failing to extend down would likely default to bullish. So the reaction extended up to 2893.00. Both bias-down parameters were recovered to signal no-bias, putting into play offsetting tests of both 2900.25 and 2907.50 bias-up parameters.

Currently a pullback is attacking 2885.00. Back above 2889.25 would start to signal upside momentum remains intact. Meanwhile, a dipping under 2888.00 is “no-bias trending” that requires being retraced, unless the bias environment is exited under its 2881.50 bias-down target.