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Post-open Review… First twist. – If, Then… Market Timing

Post-open Review… First twist.

Gap down holds relevant support.

Rallying from the 2783.25 overnight low had reached 2792.50 before opening at this morning’s 2791.50 bias-down signal. It held. Trending up more steeply through the first half-hour reached 2800.00.

Meanwhile, the bias-down signal held its test through 10:15 to trigger no-bias. An offsetting test of the bias-up signal is in-play. An offsetting test of the 2802.00 bias-up target is in-play.

2800.00 has been pierced since 10:15 by only 1 tick, which still qualifies as confirmation. A pullback has room down to 2795.25 before even suggesting another dip is underway, probably targeting 2784.25.