Post-open Review… Weak hands winning.

Post-open narrow, narrow ranging.

The overnight rally ultimately extended to 2690.75. Reacting down into and out of the open touched 2686.50. But the first half-hour only ranged narrowly around 2688.00.

The 2688.75 bias-up signal was triggered late, and by a fresh post-open high. Overnight highs are being attacked up to 2690.00. So, bias-up is credible, despite triggering late, and despite being the first breakout from a narrowing range which is often a false break.

Credible, but not clean.

This being a late bias-up, and this being a breakout from a narrowing range, sellers are not marginalized. A clean bias-up would have marginalized sellers, and recovering the upper-end of the 2688.00-2692.50 resistance range would have been a formality.

Probing the overnight high would help to confirm the bias-up. Meanwhile, it is vulnerable to reacting down, even while leaving outstanding the bias-up attraction. Back under 2687.00 would start to signal the attractions below are in-play.