Post-open Review… No takers.

Obligatory high, attracts no reinforcements.

Attacking yesterday’s 2739.25 high overnight to within 1 tick was not pessimism. Stopping short overnight is not pessimistically short, because overnight can’t be compared so directly to intraday action. But it was a retest. And it was ongoing right before the open. No longer being overnight, but pre-open, it had become ineffectual pessimism.

An obligatory fresh high had become likely. Maintaining the fresh high depended on whether reinforcements would be attracted. They weren’t.

Quickly surging to touch the 2741.50 bias-up target quickly held. Bias-up target tested and held. Another bounce also failed, and resolved down to 2733.00. The 2735.25 bias-up signal’s grace period didn’t recover, so this is a no-bias environment, whose target has been  met.

Still testing 2733.00 is delaying something, but what. Holding the bias-down signal’s test would have targeted new highs. Holding clean tests both bias-up parameters puts into play an offsetting test of both bias-down parameters.