Post-open Review… Hanging on for dear life.

Sliding into and out of the open.

The 2291.25 overnight high had recovered a reaction down to 2286.50. But no higher. And no longer. Trending down to fresh overnight lows greeted the open at 2284.00. Extending down post-open touched 2281.00.

Bouncing back up to 2286.50 avoided triggering the 2283.50 bias-down signal. So, holding its test has put into play an offsetting test of the 2292.00 bias-up signal.

It’s too late to invalidate the bias signal at 10:30. The task is now left to exiting the bias environment back under the 2283.50 bias-down signal. That is, unless without printing above the pre-10::15 2286.50 high.

Back under 2282.25 would start to signal that invalidation is underway. The 2277.75 bias-down target wouldn’t be in-play. But the likely objective would nevertheless be 2275.00-2277.00.

Otherwise, back above 2286.50 would confirm the no-bias signal, and its 2292.00 target.