Post-open review… Follow-through.

Renewed bias-up target met, exceeded.

I described during the pre-market Tour why last night”s rally was likelier than most to extend higher post-open. Its 6-point pre-open pullback had firmed to open at 2098.50, this morning”s bias-up target. Immediately extending higher attacked the overnight high, and trending higher through a couple of econ reports eventually fulfilled the 2105.50 renewed bias-up target.

Influence of bias parameters diminishes with each renewal. So, exceeding the 2105.50 renewed bias-up target through 10:15 wouldn”t have been required to extend higher. By the same token, still testing the renewed target at 10:15 doesn”t necessarily limit the upside.

The session-long rally setup remains intact. Each timing window but one should probe its prior timing window”s high. Inverting this setup would require a significant reaction down before the noon hour. But fresh highs were just probed through 9:30, now testing 2107.00.

Despite the bias parameters losing influence on each renewal, the next higher objective would be 2111.25 so long as 2105.50”s recovery is maintained. The 1-minute RSI hasn”t been overbought since the open, which suggests that buyers are barely breaking a sweat.