Post-open Review… Wash, rinse, repeat.

Support contains early sellers again.

A pre-open bounce greeted the open up to 2424.50. Its reaction dipped sharply to probe the overnight low down to 2420.50, 1 point under this morning’s 2421.50 bias-down signal. That also happens to be a calculable inflection point, and probing it any deeper than those first 4 ticks would have reflected strong-handed sellers.

The setup is similar to yesterday, and so is its resolution. Support held, probably marginalizing sellers for the morning. Having held a test of the 2421.50 bias-down signal, an offsetting test of the 2428.00 bias-up signal is in-play. Fresh post-open highs are already testing 2425.00.

Exiting the bias environment back under 2421.50 would be credible for inserting a detour, but a detour is otherwise unlikely. Meanwhile, exceeding 2428.00 would suggest extending to probe above yesterday’s highs.