Post-open Review… Good to the last pop.

Actively bullish WedEX remains influential.

Dipping into the open probed only momentarily under the 1933.00 area. It was just long enough to introduce a preliminary buy signal above 1934.25. And that was just in time to capture a surge from 1932.00.

The surge also triggered the more reliable buy signal above 1936.75. That was on the way to 1940.50, which pierced January’s high.

An obligatory dip recovered to fresh highs at 1943.00. Room for a temporary pullback down to 1936.75-1938.25 has been touched, barely.

The bullish WedEX’s influence remains intact. The degree to which price has extended already, and its steep slope, only reinforces that continued influence — despite the inclination being to suspect that it is tiring.

Meanwhile, probing a fresh high is entirely consistent with the scenario described during this weekend’s Saturday Review. Although the shallowest of probes was enough to fulfill its retest, there is potential to 1952.00-1953.00 The bullish WedEX suggests at least a probe above 1943.00.