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Post-open Review… Watered down. – If, Then… Market Timing

Post-open Review… Watered down.

Holding negative territory, but not exploiting it much either way.

The 2666.00 open blipped-up to test 2668.00, stopping pessimistically short of filling the gap back up to yesterday’s close. Gradually sliding to 2659.50 stopped optimistically short of touching the 2658.50 overnight low. The next half-hour ranged choppily between 2661.00-2665.00.

It’s not so much indecision, as it is working out the loose ends. Which they never did, not really.

Still overlapping the 2663.00 bias-down signal at 10:15 AND 10:30 triggered noN-bias. The bias-down target isn’t in-play, and the bias-down signal need not define the window’s lower-end. In fact, a surge to fresh session highs just filled the gap at yesterday’s 2670.00 close to within 1 tick.

Having tested the bias-down signal, triggering it would have all but ensured extending yesterday afternoon’s slide. Not triggering bias-down after testing it would have all but ensured retracing the slide. Triggering noN-bias only enables a probe above the 2672.00 overnight highs, but doesn’t ensure retracing the slide.