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Post-open Review… Still sliding. – If, Then… Market Timing

Post-open Review… Still sliding.

Overnight slide extends post-open.

Early sponsorship didn’t agree on this morning’s resolution. Exiting the opening 15 minutes beyond either end of 2809.00-2813.00 would have made the 2811.00 bias-down signal more or less likely to trigger at 10:15. Opening at 2809.00 and bouncing to 2813.00 was still overlapping 2811.00 at 9:45.

2811.00 was still being overlapped on the way down to 2800.25. Its reaction recovered back above the 2804.00 bias-down target in time to avoid renewing the bias-down signal.

Holding the bias-down target’s test through 10:15 often holds it through the entire bias environment. But bouncing up to 2808.00 has reacted down to retest 2804.00 as support. It’s still likelier to hold through the bias environment because this setup often does. But a fresh post-10:15 low under 2802.00 would be entirely credible for extending down, targeting 2791.25.

Meanwhile, back above 2806.25 would start to signal at least an attack on the 2811.00 bias-down signal’s resistance.