Post-open Review… Enthusiasm lacking all around.

Slight gap down isn’t recovering.

Quickly rallying out of the open was probably the only credible bullish setup for this morning. And that didn’t happen. Gapping down a couple of points to test 2530.00 did recover enough to fill the gap from yesterday’s 2532.00-2532.50 close.

That threat of reversing into positive territory reacted by plunging to 2529.00. But pessimism remains in-check, as consolidating there was eventually recovered back up to 2532.00-2532.50.

The very choppy open avoided touching either bias signal, so there is no offsetting test of the other bias signal. This range might be unable to resolve until the bias environment begins lapsing.

A fresh high can’t be discounted, but its base would be suspicious. Some sort of probe into positive territory would be signaled above 2533.00. But back under 2530.00 would start to signal resolving down already.