Post-open Review… What bad news.

Payrolls and Brexit sellers now fueling the rally.

There were no obstacles to rallying this morning, only potential obstacles of the open reversing back under support or else the bias timing window not triggering bias-up. Now it’s too late for those potential obstacles to form.

Past obstacles were retraced already before the open. Friday’s reaction to the pre-open Employment Situation report and last Tuesday’s reaction to improved Brexit support have resolving in probing fresh highs.

2106.00 was touched just minutes before Friday morning’s plunge. That has been probed this morning up to 2108.25. The 2103.00 bias-up signal triggered, putting into play a test of its 2110.75 bias-up target.

A negative knee-jerk reaction down is possible on Yellen’s noon hour comments — or in anxiousness ahead of them. The 2110.75 bias-up target would become “unfinished business above” if not met this morning.