Post-open Review… Fattened up, and now a lot thinner.

Overnight rally and post-open bounce slaughtered.

Apparently the overnight rally had reacted down into the open too much too quickly. Another bounce was needed to fatten it up again.

Just to be sure, the 2099.00 preliminary resistance held a test through 9:45. That suggested the 2101.00 bias-up signal wouldn’t trigger. So, despite probing the bias-up signal up to 2103.00, a reaction down avoided triggering it.

And now having tested the bias-up signal without triggering it, an offsetting test of the 2089.75 bias-down signal was put into play. It was tested at 10:30, but not decisively enough to invalidate the no-bias environment signaled at 10:15.

That didn’t prevent “no-bias trending” beyond the bias signal, which extended down to 2084.00 (also fulfilling the 2088.25 unfinished business below, and this morning’s 2084.75 bias-down target).

Now that probe has been retraced to the 2089.75 bias-down signal as the no-bias trending required. Often, no-bias trending is retraced also to the 10:15 print, which is 2095.00.