Post-open Review… Sellers already satiated.

Quickly neutralizing the downside.

The potential down to 1938.00-1939.00 was realized during the first half-hour’s dip to 1937.75. RSIs there were simultaneously oversold, so it will require a retest. But the 1942.50 bias-down signal was recovered through 10:15 to avoid triggering.

Probing again under 1942.50 failed to break lower through 10:30, so the no-bias signal was not invalidated. And offsetting test of the 1953.50 bias-up signal is in-play.

Officially.

Technically, since 1953.50 was attacked to within 3 ticks 1 minute before the open, the intraday crowd already has essentially tested it. But we’ll still give it a benefit of the doubt.

In fact, the bounce is now extending. It will be difficult to trend any more so today than Friday, especially with today being a religious holiday. Choppy ranging around unchanged may define the session.