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Post-open Review… Dragging it out. – If, Then… Market Timing

Post-open Review… Dragging it out.

Rally window is closed for now.

The bullish template was disqualified when the open delayed rallying, and instead extended down. A bearish template didn’t fill the void, not without the opening 15 minutes of volatility being exited under the opening print, which it was not.

That alone warns us of a choppy morning ahead, if not a choppy session. And this is regardless of there being an objective in-play, like the potential for choppy ranging to visit 2048.00 at some point.

Exiting the bias environment above 2060.00 would start to undermine sellers. There is otherwise much greater potential to probe fresh lows.