Post-open Review… Hovering.

Choppy open holds the pre-open range.

The open immediately broke under 2660.00 and extended down to 2651.00. That took longer than the opening 15 minutes of volatility, and still held the overnight Head & Shoulders pattern’s neckline. Breaking any lower would be too late to ensure recovery.

But there was no break any lower. The rubber band had not been stretched deeply enough to snap back up. Bouncing back into the range hovered around the open.

Still hovering around the open. Bias-up triggered, and was renewed by also exceeding its 2656.25 bias-up target through 10:15. Its renewed bias-up target at 2644.00 doesn’t require being met. But any reaction down during the bias environment must be defined or contained by the 2647.50 bias-up siganl.