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 6131
Post-open Review… Optimists a little less reluctant. – If, Then… Market Timing

Post-open Review… Optimists a little less reluctant.

Barely triggered grace period for bias-up.

Opening range developed for so long that its eventual break higher came far too late to trigger the 2113.00 bias-up signal. But a late surge’s errant tick did barely touch 2113.00 within 3 minutes of 10:15 to invoke the grace period through 10:30.

Anyway, yesterday afternoon’s rally gained traction, so this morning is likely to trend up. So, probing above 2113.00 at 10:30 would be bullish in two regards. Not yet probing higher by then would be bearish — at least providing context for any higher highs to resolve poorly.

The late extension high, and surging only to 2113.00 and the overnight high, suggest that optimism still hasn’t become excessive. And from a contrarian perspective, that still suggests more upside.