Post-open Review… Going into extra rounds.

Pre-open Fibonaccis pick a winner, so the loser can win, too.

The pre-open retracement of 61.8% back to the 2059.25 high held as resistance. Its reaction down to 2045.50 filled the gap back to yesterday’s close. But it didn’t gain traction.

Ranging around the 2050.00 bias-up signal was overlapping at 10:15 to invoke the grace period. Its recovery through 10:30 triggered late bias-up.

The 2055.75 bias-up target was fulfilled almost immediately. It wasn’t exceeded in time to renew the bias-up signal, but that didn’t change whether this is a bias-up environment. It is.

And, renewed bias or not, the next higher objective is 2068.00. Already, fresh highs have touched 2060.50. Traction gained by yesterday’s rally suggests the trending will persist for another 20-30 minutes — making pullback limit tests likely to hold.

Regardless, exiting the bias environment back under its 2055.75 bias-up target would make higher highs unlikely before another corrective dip.