Post-open Review… Not married to it.

“New Globex trend extreme” isolated.

One more round of chaRTroom link roulette…
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The overnight high was complex enough to be considered a “new Globex trend extreme” that requires being retested intraday. Often the same day, but not necessarily. Especially not if the overnight highs are isolated from intraday action.

These were.

The open was deep enough to consider it testing Friday’s 2167.00 cash session close. That opened the door to isolating the overnight action. Soon its shallow bounce had resolved down sharply to 2162.25. Its recovery up to 2169.25 avoided triggering either bias signal.

That could extend back up to 2171.25-2172.00, remaining within Friday’s range, still isolating the overnight action. Meanwhile, back under 2166.00 would signal the post-open bounce had ended.

Exiting the bias environment under the open’s 2162.25 low would help confirm the overnight high’s isolation. The afternoon price action of that setup should behave very bearishly, targeting at least a probe under Thursday’s 2153.50 low..