Post-open Review… Retesting resistance already?

Counter-trend bounce.

The overnight test and retest of 2100.25 had recovered up to 2114.00 pre-open. The opening print was essentially the 2110.75 bias-down target. And post-open action was only optimistic.

The initial surge barely hesitated until filling the gap back to Friday’s 2120.50 cash session close. Its reaction down to 2115.00 was recovered to test the 2124.75 bias-up signal. But bias-up was attacked only to within 1 tick instead of invoking the grace period.

The 2124.75 bias-up signal was probed AFTER triggering no-bias. IMMEDIATELY afterward. Too late to trigger or to invoke the grace period. But maintaining its recovery through 10:30 invalidated the no-bias. So, probing the bias-up signal this morning isn’t no-bias trending.

2129.50 was touched. Its 1-min RS diverged negatively and now 3-min RSI is leaving overbought territory. Back under 2123.25 would signal momentum reversing down. Extending higher would be unlikely to exceed 2134.00 through a relevant timing window — but that doesn’t preclude probing above it temporarily.