Post-open Review… Is down the path up?

Pre-open slide extends post-open, and then stops.

Extending the pre-open drop past the open eventually fell to 2149.00. That tested the upper-end of the overnight Symmetrical Triangle pattern’s 2147.50-2150.00 objective. Its reaction up tested the 2155.00 bias-down signal as resistance.

Bias-down triggered at 10:15. It wasn’t touched in time to invoke the grace period. And it wasn’t recovered through 10:30 to invalidate the bias-down.

Not triggering bias-down at 10:15 would have been very bullish. Having tested the 2149.75 bias-down target, then offsetting tests of both bias-down parameters would have been put into play.

None of which requires extending down. Bouncing back above the 2155.00 bias-down signal would allow raising the sell signal to 2152.75. It is otherwise at 2150.50, and meanwhile a bounce underway has room to test unchanged at 2160.00.