Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6170
Post-open review… Not always better late than never. – If, Then… Market Timing

Post-open review… Not always better late than never.

Consolidation around support finally bounces.

The overnight probe under the 2113.50 bias-down signal wasn”t repeated before the open. And the pre-open recovery back up to 2113.50 wasn”t extended.

2113.50 wasn”t even probed until after the open, and then only momentarily. The first hour”s 2111.00-2115.00 range was centered around 2113.50, narrowing through the 10:15 bias timing window to invoke the grace period..

Until…

With only seconds remaining, a surge began extending to 2117.50. A bias signal triggered, and it wasn”t bias-down. This is a late no-bias environment. Having held a test of the bias-down signal, an offsetting test of the 2120.75 bias-up signal is in-play.

2117.50 is the last relative overnight high, so this resistance may be only obligatory, i.e. temporary. Meanwhile, 2117.50 is the 3-minute high to a buy signal triggered above 2114.25, when initial sponsorship often fades. A fresh high would confirm momentum has reversed up.

Exiting the bias environment back under 2113.50 would be less bearish than having triggered bias-down earlier. But it wouldn”t be bullish.