Post-open Review… Influence on.

Early surge finally extends higher.

The overnight rally to 2260.75 created room to expend selling pressure without it yet damaging the chart. Pre-open action had pulled back to 2256.00. Holding 2255.00 post-open would have been optimal. Ultimately, the gap back to Friday’s 2254.00 cash session close was touched.

And then price shot higher. The opening 15 minutes of volatility to resolve up aggressively. This was an early clue to confirming a bullish WedEX influence remained alive for this morning.

The next clue did not develop, as bias-up did not trigger. More so, a post-open test of the 2260.25 bias-up signal held, putting into play an offsetting test of the 2251.25 bias-down signal. No grace period was invoked, and fresh highs through 10:30 didn’t invalidate the bias signal.

But fresh highs did print after 10:30. And the pattern’s 2259.75 buy signal got a benefit of the doubt from the bullish WedEX. That has extended up to 2263.50.

No matter how productive, the bullish WedEX lapses along with this morning’s bias environment at 11:30. And that’s now within view just 10-15 minutes away. The 2251.25 bias-down signal’s test will become “unfinished business below” unless the noon hour is entered above this morning’s 2267.25 bias-up target.