Post-open Review… Stagnating already?

Beware that participation may have begun evaporating.

The open’s dive down to 2083.25 reacted back up to the 2088.00 open, which is also this morning’s bias-up signal. Ranging around it avoided triggering the signal at 10:15. But the grace period at 10:30 was still overlapping the signal.

So, this is a noN-bias environment.

An offsetting test of the 2079.75 bias-down signal is not in-play. The 2088.00 bias-up signal need not define the range’s upper-end. Often, a noN-bias environment does simply range at the bias signal, but that’s not required, either.

Regardless, I still don’t like the upside potential, having failed to gap up above prior highs. But exiting the bias environment above 2088.00 when volume really begins evaporating would be vulnerable to drifting higher through the afternoon, anyway.