Post-open Review… No-bias, no bias-up.

Open’s dip ends on time, but bullish WedEX quite delayed.

The bullish WedEX influence remains intact so long as selling is essentially contained to the opening 15 minutes of volatility. The opening 15 minutes of volatility contained nothing but selling.

Dropping nearly 5 points from 2469.50 narrowly avoided touching the 2464.50 bias-down signal. It’s being touched now, but not in time for it to require an offsetting test of the 2472.00 bias-up signal. The 2464.50 bias-down signal also narrowly avoided being broken at 10:30 to invalidate the 10:15 signal.

Breaking 2464.50 this morning would be no-bias trending that requires a recovery, but it the bullish WedEX would be invalidated all the same. Meanwhile, this is the range’s lower-end. Recovering to 2472.00 isn’t required, but there’s that much room And at least 2469.50 should be recovered to comply with the bullish WedEX.