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Post-open Review… Sooo close. – If, Then… Market Timing

Post-open Review… Sooo close.

Almost triggered bias-up. Didn’t.

The open was greeted at the 2186.50 overnight high, testing the 2186.25 bias-up signal. A blip-up touched a new high at 2187.50 and then blapped-down to probe under 2184.00.

Recovering 2184.00 through 9:45 would have made triggering the bias-up signal likelier. But its reactions up never even touched 2186.25 again. And now 10:15 has passed.

This is a no-bias environment. Having tested the bias-up signal, an offsetting test of the 2179.25 bias-down signal is in-play. If tested this morning, then it should define the bias environment’s lower-end.

The signal has already been productive since triggering as fresh session lows touch 2182.00. Exiting the bias environment above its 2186.25 bias-up signal could still invalidate the 2179.25 objective below.