Post-open Review… Toe pick.

Sticky close is undermining trending attempts.

The opening print was at this mornings 2165.50 bias-up signal. Price quickly slid to Friday’s 2161.50 and 2160.00 futures and cash session closes. That also tested Friday’s “lower prior highs,” which launched a bounce up to 2168.00 through the bias timing window. But the 2165.50 bias-up signal was overlapped within 3 minutes of 10:15 to invoke the grace period.

Late bias-down triggered at 10:30, instead of bias-up, despite the grace period having been triggered at the earliest possible moment during a surge higher. But the overnight surge was also rejected, so the bias signal’s weakness was not an anomaly. An offsetting test of the 2153.50 bias-down signal is in-play.

Overnight probing above Friday’s range was not isolated. So, backing-and-filling into Friday’s range can still resolve bullishly. The 2158.00 overnight low was just touched, finally probing post-open under unchanged, making a deeper probe likely.