Post-open Review… Is firm far enough?

Post-open surge and follow-through holds at resistance.

After a relatively narrow overnight range, the open was greeted unchanged from yesterday’s 2385.00 close. As often happens, volatility suddenly arrived post-open. A spike up attacked the 2388.00 bias-up signal to within 1 tick, and then fell back entirely to unchanged.

But the open held. Firming gradually returned to fresh highs, touching the bias-up signal in-time to invoke the grace period. It was still being touched at 10:30 to avoid triggering. This is a noN-bias environment.

The 2394.00 bias-up target is not in-play, but it can be tested anyway. Or, attacked up to 2391.50. Meanwhile, the 2388.00 bias-up signal’s test could still be reversed back under 2386.50 and extend down under yesterday’s lows, potentially testing 2375.00.