Post-open Review… And still hovering.

Post-open narrowness much like the overnight narrowness.

The 3-point 2554.25-2557.00 overnight range inserted a pre-open blip-down to 2553.75. But the open was greeted essentially unchanged from yesterday’s 2555.00 cash session close. The first hour’s price action has been essentially a 2-point range down to 2554.00.

Neither bias signal was touched. If touched, either bias signal should define the window’s extreme. Choppiness aside, the narrow ranging doesn’t reflect any sponsorship, so there’s no objectives.

Breaking under 2554.00 would have room to test this morning’s 2551.50 bias-down signal as support. Above 2556.00 could test 2558.50. Neither is very attractive, let alone required. So, not the most attractive morning for trading.