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Post-open Review… Small gestures. – If, Then… Market Timing

Post-open Review… Small gestures.

Moves stuck within yesterday’s range.

The open greeted the 2489.00 overnight low to within 1 tick. Surging from there to 2492.50 has since extended to within 3 ticks of this morning’s 2494.75 bias-up signal. But it wasn’t touched.

The 2486.50 bias-down signal wasn’t touched, either. This is a no-bias environment, with no required offsetting test in-play.

“Dry cleaners” morning, time better spent running errands? Perhaps. Except that testing the bias-up signal this morning would be vulnerable to launching a deeper downdraft. But there is no predictive price action as of yet.