Post-open Review… Holding pattern.

Post-open gains retraced.

The open’s test of 1892.00 didn’t surge higher. Extending up required first blipping-down to 1887.00 stretched the rubber band. Its reversal tested the next higher objective at 1898.00.

1898.00 was probed up to 1900.00. Throughout a half-hour, every high bar also overlapped 1898.00. The next half hour retraced the open back down to 1890.00.

And now the open’s blip-down to 1887.00 is being retraced, too, down to 1886.00.

This being a Friday, the open’s bias should persist. So, having maintained an uptrend through 10:15, selling pressure should be counter-trend, sponsored by weak hands — and likely to be retraced at least to retest 1898.00.