Post-open Review… Gap up maintained, so far.

Gap up, bias-up… but a little slow to follow-through.

The 2308.00 opening print was only 1 tick above yesterday’s high. Above it, at it, or even slightly under it, the relevant question is whether the opening 15 minutes of volatility trended through it. And it did, up to 2310.00.

So, after yesterday’s rally failed to gain traction, trending higher this morning required gapping up through the open. That is done. But gapping up through the open does not, itself, require trending higher.

2310.00 was the nearest inflection point, and it has only been touched. Its reaction attacked the 2307.00 bias-up signal to within 1 tick. Attacked it, but didn’t break under it, not by 10:15, triggering bias-up.

Back under 2307.00 through 10:30 would invalidate the bias-up. Without yet printing above the 2310.00 pre-10:15 high, exiting the bias environment at 11:30 under the 2306.75 pre-10:15 low would invalidate the bias-up.

Meanwhile, this is still a bias-up environment. Its 2311.75 bias-up target is in-play. Perhaps higher, too, since the open’s gap up negates yesterday’s rally not gaining traction — but doesn’t require extending higher.