Post-open Review… Locked-in tight.

Pre-open slide is retraced post-open.

I described during the pre-market Tour how neutralizing an attraction can allow price to react in the opposite direction. It had happened overnight when overbought RSIs at yesterday’s 1855.00 high was retested overnight, sending price back down.

One condition usually isn’t sufficient. So, retesting overbought RSIs extended to also test the resistance of this morning’s 1856.50 bias-up target.

Then price reacted down.

And down. This morning’s open was greeted with already having retraced yesterday’s weak-handed rally, back to its origin. That attraction below had been neutralized. The open’s blip-down also touched the 1825.75 support that had attracted yesterday’s decline.

Then price reacted up.

And up. While we’re not expecting yesterday’s rally to resume — it originated so late that its sponsorship must have been weak-handed — there was still room to rally back to the range’s highs.

In fact, the overnight high was touched. It reacted down soon enough to avoid triggering bias-up (the grace period was invoked, and late no bias was triggered). Now the 1840.00 bias-down signal is being tested as support.

Exiting the bias environment at 11:30 back under the 1834.50 bias-down target would start to suggest the decline is resuming — whether or not today.