Post-open Review… Re-stretching the rubber band.

Overnight dip recovered.

2150.50-2151.25 defined the open. And the open defined the peak of the bounce off the 2145.25 overnight low. Despite immediately reversing back down toward the overnight low, only 2147.00 support was touched, 1 tick above this morning’s 2146.75 bias-down signal.

2147.00-2148.00 is relevant support. It was the room for noise under 2153.50‘s retest. That support is now chipped away in case it’s retested today.

Meanwhile, au contraire.

2147.00‘s reaction recovered to fresh post-open highs at 2153.00. That eked higher to attack the 2155.50 bias-up signal, which was touched only now. Bias-up didn’t trigger, and can’t. But no-bias trending can still probe it up to 2158.00 while still being likely to reverse down.

Back under 2151.25 would signal that reversal down underway already. Other than potential support at 2149.25, any lower should extend down aggressively to retest yesterday’s 2141.25 low