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Post-open Review… Got there. – If, Then… Market Timing

Post-open Review… Got there.

Fresh high finds resistance.

Opening at the 1893.50 bias-up signal extended higher almost immediately into a congestion around the 1898.50 bias-up target. Surging out of it to 1907.00 was extended up to 1911.50.

That’s above Wednesday’s 1910.00 prior high. And that’s where early strength risked reversing down hard. That was especially a risk from 1913.00, but it wasn’t touched. And its reaction down was delayed.

So, a pullback to 1902.00 is now trying to recover. Perhaps even to resume the rally, next targeting 1913.00. Otherwise, back under 1902.50 would target 1898.50 for a last chance to resume rallying today.