Post-open Review… Gravitational pull.

Choppy open makes path up available.

The pre-open reaction down from the 2164.50 overnight high had held several tests of 2160.00. Post-open action slid immediately to 2157.25.

3-4 more 3-4 point swings and 45 minutes later, price action was still holding 2160.00 resistance. Three of the first hour’s five 15-minute checkpoints had overlapped the same relevant level — yesterday’s 2158.50 cash session close — signaling a ‘dry cleaners morning.”

While trending is unlikely, there’s a lot of room for noise. Especially back up to the 2164.50 overnight high, or 1 point higher just to touch the bias-up signal. An interim attraction at 2163.00 is being tested now, and might be an obstacle.

Gravitating up remains likely so long as 2160.00 holds as support. Probing even higher into the afternoon still has potential to test 2171.25. And a test of 2171.25 still has a likelihood for reacting back down sharply.