Post-open Review… Remains to be seen.

Bias-up narrowly avoided. Too narrowly.

Delaying a post-open rally would have been likely in order to stretch the rubber band down to 2257.50. There was no reason to delay rallying if the pre-open dip to 2262.75 were going to suffice in its place.

Post-open action did immediately surge. Filling the gap at Wednesday’s 2270.25 close was worked through gradually up to 2273.50. But the 2271.50 bias-up signal was overlapped in time to trigger the grace period.

Bias-up did not trigger, but did it hold? Probing under it down to 2269.50 wasn’t recovered at 10:30, which is a “late no-bias.” This puts into play an offsetting test of the 2262.00 bias-down signal.

One important observation to that: A 1-tick difference prevented touching the bias-up signal at 10:30. That 1 tick prevented triggering noN-bias, which would have prevented putting into play any target.

Fluctuating narrowly for the next half-hour would be just like a typical noN-bias. And a typical noN-bias would then often behave as if it has just triggered bias-up. Regardless of its timing, I’m giving a benefit of the doubt to any break beyond a 2269.50-2272.50 range. A valid break either way would likely extend into the afternoon.