$OPEN is at the mercy of the Fed and when they will Rate Cut, this delay puts enormous pressure on the realtor sector so I would not be surprised to see $OPEN continue its consolidation sideways through this large wedge until a decision is made on the rate cut, or even on a realistic time line.
If you have a position, I would leave it alone and come back in a few months
If you haven't started a position.....I think there are much better set ups right now.