Post-open Review… The other way to skin a cat

Overnight pullback was only delayed.

There were two bullish scenarios coming into the open. One would have rallied immediately. Popping up a couple of points from 2106.00 — twice — never extended any higher than the first 3 minutes.

The second bullish scenario may be playing out. That’s to hold a test of the 2099.00 bias-down signal through 10:15, putting into play an offsetting test of the 2106.75 bias-up signal. In fact, 2099.00 has held a test, and a retest while 1-minute RSI diverged positively.

Bouncing from the low tested 2103.00. Reacting down several points has still avoided triggering bias-down at 10:15.

This is  a no-bias environment. Having held a test of the bias-down signal, and offsetting test of the bias-up signal is in-play. Breaking under 2099.00 at 10:30 would invalidate the signal that triggered at 10:15. Just touching 2099.00 within 3 minutes of 10:15 would invoke the grace period through 10:30.