Post-open Review… The range reigns.

Pre-open dip retraces to unchanged.

Sliding down to 1997.00 had recovered to greet the open at 2000.25, which is 3 ticks above the 1999.50 bias-down signal. Trending straight up from there touched 2008.75, which is 3 ticks short of the 2009.50 bias-up signal.

Neither bias signal was touched before 10:15 failed to trigger either, so an offsetting test of the other signal is not in-play. Coming within 3 ticks can neutralize the attraction, anyway.

So, having produced and retraced two convincing trending attempts since yesterday’s “equilibrium” close, the morning range may be set.

Overbought RSIs at the high suggest its eventual retest, and potential trending attempt to fresh highs triggered above 2008.00. Meanwhile, back under 2004.75 would signal momentum reversing back down, presumably to retest the open.