Post-open Review… And a reminder.

SPECIAL PROGRAMMING NOTE: I WILL BE UNAVAILABLE 10:30-2:30 ET (after the market’s first hour, until the afternoon bias environment begins lapsing). The chaRTroom will remain open throughout, and audio will not return…

The open gapped down 3-4 points to 2347.00. The bias timing window proceeded to range choppily between 2344.00-2348.00. The ranging persisted through 10:15. Each of the first five 15-minute checkpoints have overlapped the opening print. Dry cleaners morning?

The 2344.25 bias-down signal happened to hold as support and avoid being triggered. And it withstood its grace period, putting into play an offsetting test of the 2353.50 bias-up signal. Already probing above the pre-10:15 high to 2349.50 makes that even likelier.

But signals are mixed. That surge didn’t last more than 3 minutes before reacting back down into the bias timing window’s range. Buyers aren’t attracting new sponsorship, which wasn’t even likely anyway without the open already rallying.

Breaking lower would likely hold yesterday’s “lower prior highs” at 2340.00. Otherwise, already having probed above the pre-10:15 high, exiting the bias environment under the 2338.00 bias-down target would prevent 2353.50 from becoming “unfinished business above.”