Post-open Review… Slow-going.
No apparent appetite for risk.
The open’s gap up was under prior highs. So, a reversal down won’t be required to retest it. Actually, a reversal down never really materialized. But it took a long time before trending developed.
Trending did develop. Or, at least an attempt. Fluctuating around the 2792.50 bias-up signal finally triggered it. that has extended to a fresh post-open high at 2795.00. But there seems to be no rush in extending.
Nevertheless, this is a bias-up environment. Fresh post-10:15 highs are already printing, which reinforces the signal. Nevertheless, back under 2791.50 would start to suggest a sooner downdraft.
