Post-open Review… And even higher.

Gap up maintained, extended.

Gapping up above 2854.25 — and preferably to or around 2856.00 — would exceed the room for noise above yesterday afternoon’s range. Which would create a position of strength. Dipping into yesterday afternoon’s range would still be possible, but likely to recover.

No dip.

Opening at or around 2856.00 surged to 2860.00 and back down to 2856.00. The open only threatened to reverse down, and only momentarily. Rallying through the first hour has extended up to 2863.75, probing the bias-up target by 2 points.

Now the bias-up target’s minimum buying pressure is fulfilled. And the 2-point probe above it includes an errant tick that wasn’t immediately confirmed. Extending higher is possible, but not required. A reaction down has room down to 2859.25 before suggesting a deeper pullback is underway. Extending higher would essentially next target 2873.00.