Post-open Review… Fresh high, fresh sellers.

Vulnerability at upside target proves out.

Touching this morning’s 2367.50 bias-up target pre-open triggered a reaction down. Its resistance was still influential, regardless of not yet having been put into play at 10:15 by recovering the 2362.75 bias-up signal.

In fact, it wasn’t put into play. No-bias has triggered. The reaction down consolidated at 2362.75, but it was broken at 10:15 on the way down to 2358.50.

Holding a test of the bias-up signal has put into play an offsetting test of the 2354.25 bias-down signal. A test of the 2348.25 bias-down target isn’t officially in-play, since the 2367.50 bias-up target wasn’t touched post-open. But having touched it only 3 minutes prior to the open does warrant monitoring for its offsetting test, too.

Meanwhile, “unfinished business above” at 2366.00 was neutralized. The opening print is a couple of ticks higher and has yet to be filled —  but the first minute’s bar was retested from below, so I’m dismissing that possible upside attraction as too trivial to prevent extending down more substantially today.