Post-open Review… Dodgeballs.

Gap up navigates tweets and headlines.

The pre-open pullback testing 2575.00 had held above the earlier Globex low to avoid its Flip setup. Attacking 2586.00 before the 2583.00 opening print — both being above yesterday’s highs — had avoided an Isolation setup. Neither bearish setup was forming, so the likelihood for this morning to probe higher remained intact.

None of which will ever be strong enough to prevent tweets and headlines from triggering negative knee-jerk reactions down. But attacking the market at a position of strength is still likely to recover. And sell signals have been pierced only in reaction to news, and then only overlapped. Stretching the rubber band continues to snap back up.

The challenges did prevent exceeding the 2586.50 bias-up target at 10:15 which would have renewed the bias-up signal. But this is still a bias-up environment, free to continue probing above yesterday’s highs this morning, if not also to trend toward the 2606.0 target.

Back under 2582.00 could test the 2577.00 bias-up signal as support, where either the pullback extends even lower, or else snaps back up again.