Post-open Review… Ahead of itself.
Overnight recovery extends through the open.
The open held a test of 2076.00 as support and extended higher to test the 2084.50 bias-up target. Despite probing it up to 2085.50, the bias-up target held through 10:15. This is a bias-up environment, whose target has been met.
Usually, that tends to be the morning’s high. It’s still a bias-up, so attempt to reverse down should fail or be limited. And being a bias-up, extending higher is possible.
So long as the bias environment doesn’t begin lapsing at 11:30 under a relevant level like 2076.00 — preferably not under the 2079.50 bias-up signal — the recovery can retest last week’s highs.
