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Post-open Review… Site difficulties persist. – If, Then… Market Timing

Post-open Review… Site difficulties persist.

The pre-open surge extended through the 2177.00 bias-up target to greet the open at 2179.00. A blip-up touched the 2181.25-2182.00 renewed bias-up target and reacted down. Fresh highs up to 2183.75 continually overlapped 2181.25-2182.00.


Maintaining a gap up above prior highs through the open tends to be impossible to reverse down. And this has gone on to be a bias-up environment — renewed, no less.
But 1-minute RSI diverged negatively into the high. And a reaction down is retesting the 2179.00 open. If the bias environment drifts flat-to-lower, then late-afternoon would be vulnerable to sliding sharply into the weekend. But sellers get only one bite at this apple to reverse the trend down. Back above 2181.25-2182.00 could trigger a much larger short-squeeze.