The open dipped, then rallied 27 points from 9:30. The book moved up with it. 7730 is now the largest hold by far. Zone 7700–7715, target 7730.
Overnight flow turned call-led after 07:00 ET, but holds below grew and holds above shrank. Print sits mid-zone between 7680 and 7700.
Overnight positioning is put-led. The largest hold sits at 7700, 10 points above the current print. Open new positioning is unpredictable.