Post-open Review… Holding, up.

Fresh post-open highs still hovering above overnight highs.

The sideways range between 2770.00-2775.00 that began at midnight persisted right up to the open. Picking the resolution from a standing stop is rarely reliable. Especially not when fluctuating narrowly around a relevant level, like this morning’s 2772.50 bias-up target.

The open did immediately surge and extended to test 2777.25 up to 2779.00. Still testing 2777.25 when the opening 15 minutes of volatility lapsed — and not exceeding or reacting to it — offered no new clues. But a lone detached bar did suggest near-term buying pressure was peaking, and a reversal attacked 2772.50 to within 1 tick.

2772.50 held, renewing the bias-up signal. Its 2777.25 renewed bias-up target was already tested, and now it’s being retested. Extending above 2778.00 would start to signal the rally is extending, confirmed above 2780.00. Back under 2774.25 would signal a deeper retracement underway, likely targeting Friday afternoon’s “lower prior highs” down to 2761.00-2762.00.