Post-open Review… Isolated.

Overnight sell-off disappears before the open.

Already recovering retracing before Monday’s open, the probe under Friday’s lows was isolated to the overnight. Just holding the opening 15 minutes above Friday afternoon’s 2826.00 lows would have sufficed. But holding above the morning’s 2828.00 low was optimal. Fulfilling the setup would target a retest of last week’s 2863.50 highs.

The 2840.75 bias-up signal triggered, too. Its likelihood had been indicated by recovering 2837.00 after the first post-open dip’s recovery ignored RSIs diverging negatively. Extending higher anyway usually means that sellers are marginalized for the window — if not also for the day.

2844.00 has been attacked. A pullback could develop, but its depth and durability would be doubtful, unless the noon hour were entered back under 2837.00.