The best, and the worst, of both worlds… Thu’s pre-open NFP headline reaction confirmed that Wed’s afternoon drop was bullish from a contrarian perspective. Then its pre-open retrace reset the…
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Despite two impressive overnight probes under 7534, just overlapping 7555 at Tue’s close had meant 7534 support was likelier to hold when it mattered intraday. Preferably that was the 1st-15,…
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Tue’s 1st-15 uptrended discernibly with its own series of higher highs and higher lows. That helped to compensate for the delayed probe above overnight highs, which the 2nd-15 produced. That…
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Opening tactics warned of this overnight pattern, initially probing relevant highs, but reversing back under relevant support to try reversing the trend back down. In fact, the open’s surge back…
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More ineffectual optimism, or finally fulfilling sellers? A pre-open blip down acted like a Last/First-minute sentiment extreme, which the 1st-15’s Opening Thrust overlapped without breaking lower. Rejecting the dip through…
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That was one of the dizzier opens, although the bias parameters continue to define relevant levels. Rejecting tests of both bias-up parameters through 10:15 would have put into play an…
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Pre-Open Update described how the persistent ineffectual optimism may stretch the rubber band through 7457 for sellers to snap back down. Not only did that develop, but it developed for…
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Tue’s opening blip-down snapped back up to form a Last/First-minute reversal. Its 7415 low was reversed up through the 1st-15. The 2nd-15 and second half hour also ended higher. This…
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Strategy Planner had described a buy signal developing on the pullback to 7558-7561 and Opening Tactics described its renewal through 7578. All of which was very productive until multiple tests…
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