Post-open Review… Reinforcements otherwise occupied.

Gap up fails.

Gapping up was only half the battle to trending up this morning. Maintaining the gap up, and extending higher through the open, comprised the other half. All preferably above the 2773.50 bias-up signal. The second half of the battle didn’t win.

Although the opening 15 minutes of volatility did repeatedly overlap 2773.50, the 2775.00-2776.25 overnight highs weren’t probed. Not even touched. Slipping into and out of the 10:15 bias timing window avoided triggering bias-up, putting into play an offsetting test of the 2663.00 bias-down signal.

Extending down to natural support at 2767.00 is producing a reaction up, attacking 2771.00. The opening range’s congestion formed a mass whose gravitational pull could attract price back up to it. Back above 2771.50 could retest 2774.00 as resistance. Any higher could even extend the recovery, albeit doomed to recovery.

Meanwhile, the offsetting test of the 2763.00 bias-down signal remains intact. More so, as the bias signal produced fresh post-open lows AFTER triggering at 10:15.