Post-open Review… Treading water.

Post-open firming lacks enthusiasm.

The overnight rally up to 2433.25 had reacted down to attack 2428.00. It was recovered almost entirely before the open, and then probed up to 2434.50 post-open.

That’s still 2 ticks short of the bias-up signal. Which didn’t trigger. So, an offsetting test of the 2426.50 bias-down signal is not in-play. Not officially.

But our scenario already suggested that not gapping up above yesterday’s highs would remain vulnerable to fresh lows. Extending higher now would need to probe above the untriggered bias-up signal, which would be doomed to failure.