Post-open Review… Bullish influence.

Open surges straight up.

The 2504.50 overnight high’s reaction down had extended pre-open to touch 2500.00. That was still above Friday’s high. A post-open blip-down retested the pre-open low, piercing this morning’s 2500.25 bias-up signal by 3 ticks. It was recovered almost as quickly

Bouncing back above 2501.50 indicated the slide was reversing back up. The setup had no timing or behavioral requirements, but it was immediate and substantial. Finally hesitating upon touching 2506.00, the surge held up long enough to trigger bias-up.

The 2507.00 bias-up target was attacked to within 4 ticks. Coming within 3 ticks is optimal if not also standard for neutralizing its attraction. But being a new high, we won’t consider it “unfinished business above” if left outstanding.

Meanwhile, the bullish WedEX influence on this morning’s action remains intact. It’s not required to produce constant uptrending, only to absorb and recover any dips. The morning need not end at a high point, so a pullback within the post-open range would still fulfill the signal. Otherwise, a little more complexity to the current pullback would allow another buy signal to form.