The TTS is just a switch. Below a certain temp the contacts are closed (to allow electrons to flow to the CSI), above a certain temp the contacts are open (to prevent the CSI from squirting). The complicating factor in the TTS is its bi-metal strip that is designed to heat up and open those contacts after a few seconds (to limit how long the CSI squirts after a cold start).
Try measuring the resistance (using your ohm meter) across the two terminals when the TTS is cold (put it in a pan of ice water). Then, leaving the ohm meter connected, place the TTS into a pan of boiling water. The reading should change as the contacts open. I suspect the reason it does not switch from zero (no resistance) to infinate (no contact) is because of the presence of the bi-metal strip. But you should be able to see the meter's reading change as the TTS warms up/cools off.
PapaJam's replies
in this thread are helpful in trying to understand the TTS & CSI.