Post-open review… Keeping optimism in-check.
Opening surge underscores a bullish WedEX.
The pre-market Tour”s setups didn”t entertain a sell signal. Even the only buy signal was required to be aggressive. Generally, staying away from 2115.00 and getting away from it aggressively would be appropriate for rallying out of the overnight dip.
Rallying out of the overnight dip is important for the bullish WedEX influence to remain credible. So, firming to 2116.00 steepened into the open, trending back to Sunday night”s 2120.75 high.
Its reaction down was likely to recover so long as 2116.75 held. It was attacked to within 1 tick, and now 2120.75 is being attacked to within 1 tick, too.
All of which is developing at or under unchanged. And this is a no-bias environment. With optimism still restrained, sell signals might not be contemplated this morning, at all. Not from above 2116.75, or without already probing egregiously above the 2123.25 bias-up signal.
