Post-open Review… Back in the saddle.

All targets met. Now it’s only about objectives.

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Gapping up several points to 2434.50 wasn’t insubstantial, and it extended immediately to touch yesterday’s 2436.50 high. The prior high wasn’t yet recovered when the opening 15 minutes of volatility lapsed, but a pullback would still be attractive.

The calculable pullback objective at 2433.25-2433.75 was barely touched before reversing back up. And up, and up. The 2438.50 bias-up target is exceeded through 10:15 to renew the bias-up signal, next targeting 2445.00. Already, 2441.50 is being tested.

The only “unfinished business above” is a new high close. That became required by two setups last week. It’s what gave us high confidence that this week’s dip was only a temporary pullback. This being a Friday, a new high close today would also be a new trend high close, requiring yet another.

Friday Factors make the morning’s bias likely to persist through the noon hour. Seemingly, that would create a lot of room to absorb afternoon selling pressures without damaging the rally’s chart. Seemingly.