Category: Post-open

Sellers have yet to be any more productive since the bias triggered. That pause can often, in this setup, be exploited substantially on Fri’s by recovering through the close. Delaying…
Thu’s 1st-15 wide range overlapped Wed’s 7693-7699 high, which itself had held a gap-fill to Mon’s 7692 close. Still overlapping that resistance through the 1st-15 exit neither gained traction nor…
Overnight’s rally resumed and extended but still ultimately only fluctuated around Tue’s opening highs, which held through the 1st-15. And the 2nd-15’s probe above the 1st-15 range was retraced entirely…
The pre-open rally to 7698 retraced stage-2 of Mon’s 5-Stager, effectively resetting Globex’s deeper retrace to stage-1’s 7678-7681 origin. The overnight crowd shouldn’t get all the fun, so Tue’s 1st-15…
Two pre-open dips stopped optimistically short of the 7661 low, which alerted us to the potential for another detour bounce. The open’s initial dip retraced 61.8% back to the last…
CPI’s pre-open reaction squeezed pretty much all available buying pressure into the market, which we know because the first hour hasn’t extended any higher. But not necessarily all available optimism,…
downside traction. Exiting the second half-hour even lower would have triggered First-hour Trax to point lower into the noon hour. Alternatively, exiting the second half-hour ABOVE the first half-hour’s HIGH…
The 7664 bounce limit described by Strategy Planner held its pre-open and post-open tests, each time reacting back down to 7645. The post-open low’s retest has bounced again, so far…
Downtrending into and out of the weekend has confirmed it gained traction by now also exiting Tue’s 1st-15 under Fri’s lows. Support at Wed’s 7682 lower prior highs is inhibiting…