Post-open review… All its troubles are so far away.

Yesterday”s sellers are done.

Expectations during the pre-market Tour were for any trending likely to begin early, and to be aggressive. If that trending were going to be up, then it was likely to be up a lot. Up so much, that the bias-up signal would likely be renewed by also exceeding its bias-up target at 10:15.

The open did contain a 5-1/2 point surge from 2048.75 to 2054.25. That was just a warm-up for the 10-point surge launched by its consolidation up to 2063.00. And that was probed by almost 2 more points to attack 2065.00.

Essentially, this is the recovery back above Tuesday”s lows that Wednesday couldn”t do.

Overbought 1-minute and 3-minute RSIs at the high require its retest. The renewed bias-up target is 2068.75-2070.50. My 2058.50 pullback objective is being tested now. Back above 2061.25 would start to signal the rally has resumed.

A deeper pullback to test 2057.50 is possible. Volume should start to disappear this afternoon ahead of the three-day weekend. So, dipping any deeper too much later could end today”s rally instead.