Post-open Review… Fighting off sellers.
Dips recovering.
Last night’s initial probe above yesterday morning’s 2348.00 high had been retraced down to 2343.00. Another overnight bounce retested 2348.00, and then reacted down more deeply to 2341.00.
A post-open dip touched this morning’s 2339.75 bias-down signal. The next reaction up was more reserved than the overnight bounces, resisted at or under 2347.00 through 10:15 to trigger no-bias.
An offsetting test of this morning’s 2350.50 bias-up signal was put into play. Surging at 10:30 extended straight up to within 2 ticks of 2350.50. It has now been touched.
Actually, 2350.50 is now being probed. During the no-bias environment. This requires being retraced to at least 2350.50 — if not also to 10:15’s print at 2344.00. Both 1-minute and 3-minute RSIs are overbought at the 2352.25 high, so it must be retested if price were to react down.
