Post-open review… Get the picture?

Opening surge holds its ground.

Pre-open gains had extended to 2099.25, but reacted down again into and out of the open. The opening bar blipped down quickly to pierce the 2094.50 bias-down signal. Its reaction up extended to a fresh high at 2102.25.

That”s 1 point above Monday”s high. It was probed after 9:45, so not yet exceeding it doesn”t undermine the trending attempt. Pullbacks are still likely to recover. 

But sellers aren”t marginalized. Pullbacks aren”t required, but they”re not avoidable. The 2100.50 bias-up target was met already, but this is still a bias-up environment. 

Maintaining the gap up above yesterday”s highs, and not yet reversing down from Monday”s highs, suggests that more market participants are becoming bullish, too. So long as 2094.50 holds as support, the next higher objective is to probe above 2107.50 to attack 2111.00.