Post-open review

EC-who? Yesterday”s plunge totally recovered, and then some.

Opening at the 2044.50 bias-up target initially ranged sideways up to 2047.00. Then it broke higher to test 2052.00. Twice.

Their 2048.00 interim low was also tested. Twice. And now 2052.00 is still being tested as resistance.

This is a renewed bias-up environment. Of course, its renewed bias-up target(s) at 2051.00 and 2053.25 have been met. But they haven”t been rejected. Extending higher in a bias-up environment is entirely credible. The next higher objectives are 2059.00 and 2061.50.

Back under 2050.50 would instead target a retest of this morning”s 2044.50 bias-up target.