Post-open Review… Bearish influence missing.

Opening surge holds up gains.

The overnight ranging narrowed a bit into the open, albeit still entirely within Friday afternoon’s range. The opening print was at the 2830.25 bias-up signal, which surged 3 points almost immediately, and then higher through the opening 15 minutes of volatility. Much more so through the first half-hour to 2840.50.

None of which behaved in-line with the bearish WedEX, which would allow only the first half of the opening 15 minutes to rally. WedEX is not influential.

A 5-1/2 point pullback was recovered to fluctuate around the high. Extending above 2841.00 would signal that reinforcements had arrived, likely to trend up through the noon hour. Back under 2837.25 would start to signal a Double Top was being reversed down to 2834.00 or 2830.75.