Wild post-open swings have triggered no-bias.

Sound and fury.

[pay]Testing and retesting of the 1321.00 bias-down signal ultimately held through 10:15 to trigger no-bias. And having tested one bias signal, the other bias signal’s test at 1326.00 is in play.

That simple paragraph hardly reflects the opening volatility. A bounce from under 1321.00 probed above 1325.00, and a drop back down to 1321.00 has now fully recovered to touch the 1325.75 overnight high.

These swings might have more purpose than just to test 1326.00. But rallying through 1326.00 during this morning’s no-bias environment would be the wrong way to fulfill that purpose – or, at least, not a durable way.

So, the balance of the bias environment may be limited to hesitating just under 1326.00, or to momentary probes above it. A bullish resolution remains likely so long as pullbacks hold 1323.00 as support.

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