Post-open Review… A little late to rise.

Post-open probe’s sponsorship is suspect.

Recovering from its initial 2795.00 low, the overnight Globex session eventually recovered to probe positive territory up to 2814.50. Its pre-open reaction held the 2806.00 bias-down signal as support, which held and recovered to greet the open at yesterday’s 2815.50 last prior high.

Kind of late to suddenly attract sponsorship for probing a prior high, especially after hovering just under it for several hours prior.

The surge’s 10-point reaction down from 2820.50 was recovered entirely, but not immediately. Extending higher held resistance at the 2823.25 bias-up target but still held up easily to trigger the 2816.75 bias-up signal. This is a bias-up environment, bias-up target met. Nothing prevents it from extending higher — a fresh high just touched 2824.25 — but a reliable durable recover would have been probing above the bias-up target earlier by 10:15.

Back under 2819.25 would start to reverse momentum down. Probing under the 2816.75 bias-up signal during the bias-up environment would require its retracement. Failing to hold 2816.75 as support after meeting its target would be bearish. Extending higher anyway would next target 2827.25 and potentially 2833.75.