Post-open Review… No rest.

Rally resumes relentlessly.

The pre-open retest of Friday’s 2698.25 pre-open high had reacted down to touch yesterday’s 2696.00 high as support. The open wasn’t greeted much higher, but it was certainly more aggressive. A steeper slope probed substantially higher through every timing window.

The open exceeded 2699.00 to make the bias-up likelier to trigger. The 2703.00 bias-up target was exceeded through 10:15 to renew the bias-up. And now the first hour is extending to 2708.50. All while 3-minute RSI remains persistently overbought.

It’s important to repeat that prior highs didn’t require a retest, let alone a break higher. Also, the interim dip was shallow, and not accumulative. This is new sponsorship, and vulnerable to becoming depleted if reinforcements don’t arrive.

Every timing window exited above 2703.00 and above any higher of its prior test makes the rally’s next higher objectives likely to be met at 2722.00-2727.00. Only closing under 2703.00 today can undermine that likelihood.