Post-open review… Nixed signals.

Opening surge”s correction is recovered.

2109.00 didn”t require being touched after the open. But if buyers were going to try that hard, then not attracting reinforcements by 9:45 would suggest those buyers were weak-handed. That”s why recovering it through 9:45 would have made the 2105.00 bias-up target likely to be exceeded through 10:15, renewing the bias-up signal.

2109.00 was touched, and it was not exceeded through 9:45. But I discounted that. Its 2nd-minute timing thin participation lessened the significance of rejecting it. 

That didn”t lessen the consequence. Its reaction fell almost 6 points to 2103.50. That was sufficient to reward the few early sellers who absorbed the open”s momentary surge.

The 2105.00 bias-up target did hold its test as support, and was recovered through 10:15 to renew the bias-up signal. Renewed bias-up targets are 2110.00 (met), 2114.75, and 2120.75. Upside momentum remains intact so long as pullbacks hold 2106.00-2106.75.