The First Trade… Compensating for the delay?

Proper context can start the day with a solid win and make all the difference.

CHARTROOM LINK(s)
o Win XP-Friendly entry
o non-xp friendly (ilinc)
(pre-open Market Tour begins at 8:55 ET)

Through the prior close…
Friday’s expiration session ranged widely around 2019.50. The afternoon’s no-bias environment probed 4-points under its 2016.00 bias-down signal. Its reaction kept going, extending to fresh session highs attacking 2027.00 instead of resuming the decline. That was contrary to the bearish WedEx, although only the last half-hour probed fresh session highs above 2023.00.

Overnight action’s new info…
Sunday night’s open initially pulled back to attack 2018.00. Consolidating until Europe’s opens then surged to fresh highs at 2028.00. That has been retraced almost entirely down to 2019.00.

If, then…
The last chance for any bearish WedEX influence is Monday’s open, to begin trending down throughout the morning. This does not preclude the open from gapping up, and then sliding. And it does not include trending down only before the open. Regardless, the bearish WedEX is probably moot if the market is not already dropping during the opening 15 minutes.

First Trade…
Exiting the open at 9:45 under 2016.50 would likely trigger the 2018.00 bias-down signal at 10:15. Exiting the open under 2011.00 would likely also exceed the 2013.00 bias-down target at 10:15 to renew the bias-down signal. Recovering 2024.00 through the open would be unlikely to trigger the 2018.00 bias-down signal at 10:15