Post-open Review… No-bias holding.

Bias-down signal’s test holding. Holding…

Gapping down 2-3 points immediately tested this morning’s 2391.00 bias-down signal. The first half-hour tested the bias-down signal. A fresh post-open high up to 2393.25 at 10:15 was still retraced to test 2391.00. And that test probed a fresh post-open low down to 2389.25, right up to 10:30. But that bar also touched the bias-down signal.

So, this is a no-bias environment. Having held a test of the bias-down signal, an offsetting test of the 2397.00 bias-up signal. Exiting the bias environment at 11:30 back under 2389.25 would at least suggest a deeper detour underway. But back above 2392.50 should launch an upleg that trades the overnight range for a retest of yesterday’s opening range.