Category: Post-open

Multiple swings around the flat 7444 open have twice reversed to either a bias signal, neutralizing any offsetting test objectives. While the No-bias window was intact, probing prematurely above its…
Overnight’s return to the current range’s 7477 lows was not only underway, but also extending to the range’s 7453 room for noise. That identifies the current range’s gravitational orbit and,…
The current range’s 61.8% retrace coincides with the pre-open headline reaction’s 7504 low. The reaction wasn’t arbitrary or nominal but a substantial 52-point bounce through the open. That keeps alive…
Globex’s bounce to the multi-session range’s midpoint wasn’t any likelier to resolve in either direction, if at all. Not until the pre-open pullback that stretched the rubber band, and held…
The three pre-open bullish influences are all sub-optimal. WedEX’s bias triggered late. Session-long rally is deprecated by the weekend reference interruption. And bias-up triggered late, its target already met. The…
Fri’s 1st-15 was exclusively influenced by sellers, and then abruptly reversed direction at 9:45 to fresh post-open highs at 10:00 and/or 10:30 (actually, in this instance, both). This triggers a…
xiting Thu’s 1st-15 under 7593 had made the bias-down signal likely to trigger a half hour later. In the interim, sellers were already structurally rewarded by at least probing fresh…
The gap back to Fri’s higher close was filled. It didn’t even require being attacked — not at all, let alone first — before neutralizing unfinished business below. But its…
bullish Globex-flip triggered by exiting Tue’s 1st-15 above the 7563 Globex open range high. Nevertheless, the bias-up signal held its test to trigger reverse-bias, putting into play an offsetting test…