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Post-open Review… Errands? – If, Then… Market Timing

Post-open Review… Errands?

Almost a “dry cleaners morning.”

The pre-open attack on 2489.00 nearly tested it as support, and nearly tested it post-open. Both were avoided, and so was an increased likelihood for trending down.

Surging into and out of the open touched 2439.50. Reacting down through the opening 15 minutes of volatility touched 2491.50. A second opportunity to collapse was avoided.

This is a no-bias environment. And having avoided a touch of either of the 2488.75 and 2496.00 bias signal, no offsetting test of the other bias signal is in-play. But testing a bias signal should define that end of the window’s range. Until the bias environment begins lapsing.