Post-open review… Full count.

Sellers take two swings at regaining control.

The premise for a corrective dip relied largely on sellers rejecting the pre-open surge to 2115.50. Which they did, reacting down to the 2111.00 bias-up target.

Reacting up 5 points from that 2111.00 support wasn”t optimal for the premise, but neither was it invalidation. In fact, 2111.00 was retested again.

But that dip also bounced — so far, only up to 2114.00, and not to its origin, let alone through a 2114.25 buy signal. And while bouncing, the 10:15 and 10:30 timing windows have come and gone, without downtrending underway.

So, this morning is a bias-up environment. Its target was being touched at 10:15, instead of renewing the bias-up. Fresh lows could test the 2107.25 bias-up signal as support. It”s too late to invalidate it.

Unless 2107.25 is probed after exiting the bias environment, the afternoon could resume the rally. A deep corrective dip isn”t any likelier.