Post-open Review… Held up, in more ways than one.

Pre-open pullback bounces back into the range.

The 2805.25 overnight high had formed into and out Europe’s opens. Its reaction down ultimately probed earlier overnight lows down to 2792.50. That was a retest of the bias-up signal 1 point higher. And it was pretty late to be suggesting a reversal down.

The open easily rejected the overnight dip. The 2793.50 bias-down signal’s immediate test reversed up sharply to pierce the 2801.75 bias-up target.

Reacting down has been testing 2795.25. Now it’s being probed by 1 point to signal reinforcements have arrived. Even during the bias-up environment (whose bias-up target is already met) fresh post-open lows could temporarily test 2789.00 and still be able to recover. Otherwise, back above 2798.00 would start to signal fresh session highs underway.