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Post-open Review… Wash, rinse, repeat. – If, Then… Market Timing

Post-open Review… Wash, rinse, repeat.

Another pre-open dip recovers post-open lower lows.

Yesterday’s open was greeted by an overnight slide that then extended deeper to probe under Tuesday’s lows. That test held, recovering through the balance of the morning.

Today’s open was greeted somewhat similarly. The slide was only back down to the overnight low, which wasn’t very deep. But there was post-open follow-through, as a 7-point plunge to 2086.75.

The 2090.75 bias-down signal didn’t trigger, nor was it rejected, instead still being overlapped for yet another noN-bias environment. No particular bias result is required or in-play.

A buy signal has pushed price back up to its 2093.50 post-open high. Pushing through would be likely to probe above yesterday’s highs. Otherwise, any fresh low could soon probe under yesterday’s low, too.