Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Post-open Review… Inversion. – If, Then… Market Timing

Post-open Review… Inversion.

Post-open follow-through reflects meaningful strength.

The open’s gap up to 2150.50 extended up to 2154.25. More important than how high is for how long — not quickly rejecting the opening strength had undermined sellers.

A 3-point dip was recovered to fresh highs attacking 2156.00. And the 2153.00 bias-up target was exceeded through 10:15 to renew the bias-up signal. Next targeted are 2157.50 and 2160.00.

So much buying pressure to absorb yesterday’s bearish setup makes its resolution likely to be as bullish as the original setup could have been bearish. That means the morning is now likely to trend up. Not without resistance, twists and turns. But a fresh post-open low should be avoided.