Post-open Review… Going with it.

Gap up maintains, slow to extend.

The overnight rally testing 2837.00 had pulled back pre-open to test 2832.00 as support. That was Friday morning’s low, and the upper-end of the range whose recovery would extend the overnight rally. Its reaction through the open did probe fresh highs up to 2839.00.

At least, the gap up was maintained. But it didn’t extend. No higher high printed until after the first half-hour, and then grudgingly by 2 ticks a half-hour later.

Nevertheless, expectations remained intact for filling the gap back up to Tuesday’s 2841.00 close. It’s being tested now. Potential remains alive for probing it up to 2844.50, which would be vulnerable to another corrective dip. Ultimately, however this test of 2841.00 resolves, not reversing this morning’s recovery makes the retest of 2864.00 and higher likely back in-play.