Post-open Review… Held back from breaking out.

Being stuck in a range doesn’t equate to being comfortable there.

After recovering from the overnight dip to 2745.00 by midnight, a range formed up to 2762.00, and down to unchanged at 2754.00. Testing the range’s lower-end before the open attacked 2752.00. Retesting the range’s lower-end post-open pierced 2752.00. Both tests recovered to at least 2760.50.

And the last two tests of 2760.50 reacted down to attack unchanged at 2754.00. They’re chipping away at its support.

Breaking lower to test the 2747.50 bias-down signal was almost required. But the 2759.50 bias-up signal’s ongoing test triggered noN-bias — not no-bias. Back under 2754.00 would still threaten fresh session lows, potentially extending to 2747.50 and 2745.00.

Meanwhile, noN-bias is less likely to trend. Ranging is already likely just for the bias timing window through 10:15 having developed entirely within yesterday’s late range. Trending this morning or coming out of the bias environment is always possible, but not already trending suggests that the first trending attempt will fail.