Post-open Review… Anchored.

Gap up maintains high enough and long enough.

The 2145.75 opening print surged to 2147.00 and eventually extended to 2149.00. That didn’t prevent reacting down to test and retest 2144.25. But the 2140.75 bias-up target was exceeded at 10:15 to renew the bias-up signal.

Its renewed bias-up target at 2145.50 was still being tested. That’s actually not so relevant, and just touching 2145.50 has made 2150.00 likely to be tested, too.

Regardless of whether attacking it to within 1 tick is sufficient, the overnight rally is now pretty extended. Meanwhile, the open’s gap up above prior highs was maintained and extended high enough and for long enough to create an anchor that helps to recover from a dip. And a dip back down to last weeks’ “lower prior highs” centered around 2142.25 would help to neutralize its attraction below.

In fact, 2142.25 was just attacked to within 2 ticks. Back above 2146.50 would start to signal the open’s anchor is attracting price back up. Otherwise, lower prior highs could include a test of 2140.75.