Post-open Review… Room to shrink.

Post-open selling still holding support.

The 2726.25 bias-up didn’t trigger, despite being tested thoroughly during the open up to 2727.75. An offsetting test of the 2710.25 bias-down signal is in-play. Usually.

Usually? I’m a little skeptical because all of the bias timing window’s price action through 10:15 was above yesterday’s 2716.25 cash session close. Which was touched twice overnight and held. So, I’ve been discussing my skepticism in the chaRTroom, while also being suspicious that the bias-up signal would trigger.

Bias-up didn’t trigger, and fresh post-open lows were probed… down to touch 2716.25. And as I’m writing, its reaction back up to 2721.00 has extended up sharply to attack the 2727.75 post-open high.

It’s too late to trigger bias-up. And it’s both too late and too early to invalidate no-bias. Exiting the bias environment above its bias-up target would still do that. Otherwise, 2710.25