Post-open Review… Lonely at the top.

Pre-open rally attracts little sponsorship at resistance.

This morning’s 1950.50 bias-up signal was touched post-open on the way down to 1943.50. That’s nothing. That’s just room for noise back down to yesterday afternoon’s “lower prior highs.” Yesterday’s late surge broke intraday downtrending support at 1942.50, which could be retested easily, too.

But having held a test of the bias-up signal to trigger no-bias, an offsetting test of the 1935.50 bias-down signal is now in-play. Heads-up: I wouldn’t be surprised if somehow that were no more productive than to retest 1939.00. Even then, if the pre-10:15 1943.50 low isn’t probed by 11:30, then the offsetting test will become moot.

Back above 1949.50 would begin indicating that rather than back-and-fill, the balance of the morning might instead range widely around 1950.50. That could include testing the 1952.00 pre-open high, and probing it.