Post-open review… Entrenched.

Doubly-renewed bias-up on a session-long rally.

The opening 15 minutes maintained its gap up above Friday afternoon”s 2109.00 prior high, forming a “session-long rally” setup. Also maintained was the gap up above Friday”s entire pessimistic session. Rejecting its late plunge, its intraday downtrend, and its gap down is much more powerful.

In fact, the morning has trended up, probing last week”s high up to 2121.25. Each timing window of a session-long rally should probe its prior timing window high, with one exception. That”s usually the noon hour, which will soon come within view.

The 2121.00 area is credible for a near-term peak. So is the timing, and RSIs aren”t overbought. Back under 2118.50 would start to signal a corrective dip targeting 2114.50 and potentially 2111.75.

But until the 2120.00 pullback limit is violated, the trend remains up and targeting new highs above 2125.00.