Post-open review… Non-trending trending.

Amazingly wide-ranging open.

The open”s first 2 minutes ranged 4 points between 2102.00-2106.00. That was a dip, and it was recovered as quickly. That is, 2106.00 was being tested again within another 1-2 minutes. Then right back down to 2102.00. Quickly.

Actually, that last dip extended back to the 2099.75 overnight low. The overnight range can still be predictive during the first 15 minutes of volatility. And it was. Its touch launched a 7-point bounce. Its reaction down to 2102.00 surged back up to attack 2112.00.

So, a 4-point opening range, plunging 6 points, rallying 12 points. Even without trending, there”s plenty of opportunity for intraday moves.

Oh, and by the way, both bias-down parameters were rejected. The 2108.00 bias-down signal was touched to within 1 tick during the 3-minute window around 10:15. It was failing at 10:30, invalidating the no-bias, or triggering a late bias-down.

So, 2112.00”s attack has been retraced through the 2099.75 opening low”s retest of the overnight low. It can extend down to 2095.75, and still recover when exiting the bias environment at 11:30. Regardless of a lower low, the bias environment must be exited above its 2102.25 bias-down target to prevent sellers from gaining traction.