Post-open Review… No less bearish than the rally to-date.

Holding resistance through a relevant window. Again.

Despite touching and reacting to the 2362.50 bias-up signal overnight, an offsetting test of the 2351.75 bias-down signal wasn’t in-play. In fact, after reacting down pre-open to within 6 ticks of the bias-down signal, rallying into and out of the open reached the bias-up signal.

But the grace period was invoked, and it wasn’t exploited. So, this is a late no-bias environment. The 2362.50 bias-up signal should define the morning’s upper-end. And an offsetting test of the 2351.75 bias-down signal is in-play.

Since this recovery already includes no-bias trending, we must consider potential for extending higher anyway. And although this morning’s action hasn’t exploded up to fresh highs, it did explode up from the open’s dip. Fresh highs would open that door.