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Post-open Review… Stop me if you’ve heard this one. – If, Then… Market Timing

Post-open Review… Stop me if you’ve heard this one.

Another opening dip is recovered.

This morning’s 1891.50 bias-down target had been probed pre-open by 5 ticks. Bouncing into and out of the open touched the 1908.00 bias-up signal and reversed down sharply 14 points. It took a while longer and a couple of econ reports, but the 10:15 bias timing window had surged back above the 1908.00 bias-up signal.

In fact, the 1913.00 bias-up target was being probed at 10:15, by just enough to renew the bias-up signal. That has extended to touch 1917.75.

Traction gained by yesterday afternoon’s buyers was not rejected, so it should still be rewarded by probing higher through the morning. I won’t otherwise consider a sell signal that is above the 1908.00 bias-up signal.