Post-open Review… Position of weakness.

Held support, but still testing it.

The potential for Isolation and Globex-Flip setups began fading when the overnight surge to 2518.00 proved excessive. The open was greeted back down at 2494.25, and it extended down another 10 points to 2484.25.

Then a bounce, back up to 2512.00. The 2492.25 bias-down signal was recovered to trigger no-bias, putting into play an offsetting test of the 2524.00 bias-up signal.

But not necessarily in a direct path up. A pullback just retested the 2494.25 open. Being a no-bias environment, there’s room to test the 2492.25 bias-down signal as support. Back above 2507.50 would start to signal the upside objective’s test is underway.

Having said all that, having failed to form a couple of other recovery setups, we can’t be surprised if the no-bias signal environment fails. Probing its bias-down SIGNAL is too late to invalidate the upside objective. Rejecting the no-bias signal now requires exiting this window back under its 2578.25 bias-down TARGET.