Post-open Review… Holding up, probing higher, but not extending.

Rejection and extension both ruled out.

Having retested the rally’s 2471.00-2473.50 objective Tuesday night, exceeding it all but requires probing above it overnight, too. Its lower-end was touched last night, so retesting it pre-open would have likely extended to greet the open much higher.

It wasn’t retested pre-open, so no morning surge. One of the two remaining scenarios could be ruled out, too, since the open wasn’t greeted in decline.

Which leaves the scenario likely in-play now, which is an intraday retest of 2471.00-2473.50. The 2468.50 bias-up signal just triggered late, targeting 2474.00. Back under 2467.50 would start to suggest the late bias signal is failing, and that testing only the lower-end of 2471.00-2473.50 will suffice.