Post-open Review… Held up.

Bias-up target met, held.

Last night’s surge to 2571.75 had retraced down to 2463.75. That was recovered pre-open up to 2570.00, and the opening print was this morning’s 2569.00 bias-up target.

Dipping straight down from there to 2566.00 has recovered entirely. Entirely, back up to the open. The pre-open and overnight highs remain untested.

Having outlasted the 10:15 bias timing window, the pattern has no bullish excuse not to extend the post-open bounce to retest the overnight high. And the overnight high’s retest is likely also to visit 2573.50. No bullish excuse not to extend higher this morning, and pretty much from here (a pullback testing 2567.50) and now (the first hour has ended).

Rdown further to probe under 2566.50 would suggest otherwise. The overnight high’s retest would start losing its attraction for today. And the afternoon’s bearish WedEX influence would start to take control.