Post-open Review… Entrenched. Like yesterday.

Yesterday’s open was strong-handed buyers, too.

At least two elements through this morning’s opening 15 minutes of volatility indicated the gap up would hold and the rally would extend. Sellers weren’t influencing price significantly, and the period formed uptrending.

Just maintaining an opening gap through the open tends to extend further. And further. And further.

Any cause for concern would be due linked to yesterday’s reaction. Tracking the bullish template didn’t prevent reversing back down through the morning and afternoon bias environments. Always suggesting weak-handed sponsorship, and holding the maximum 2082.00 pullback limit – it wasn’t destructive, but it was productive.

RSIs were slow to get overbought, and the next higher objective at 2115.00 has been attacked to within 5 ticks. The pullback limit was probed for 3 minutes down to 2110.25, and that didn’t hold. A shallower pullback than yesterday is still possible, and could still be relatively deep — like down to 2104.00.

Keeping sellers from retaking control should still extend higher today, and not just range sideways.