Post-open Review… Not holding up, but still headed up?

Gap up maintains, until it doesn’t.

The pre-open drop back down to the earlier 2938.00 Globex low was absorbed. Its test had developed too early from too high to attract reinforcement. Probing back above yesterday’s 2940.75 high neutralized the threat of a bearish morning.

At least, that bullet was dodged, and now another shot has been fired.

Probing back above yesterday’s high surged through the overnight high’s 2945.50 “new Globex trend extreme” to neutralize its attraction above. Extending to within 2 ticks off this morning’s 2947.50 bias-up target 2-3 minutes pre-open then collapsed to 2942.25 2-3 minutes post-open.

Bias-up ultimately triggered as 2942.25 held above the 2940.50 bias-up signal through 10:15. The bias-up signal was probed by 2 points through 10:30, but still overlapped throughout. That doesn’t qualify as invalidation — which would have been extremely unlikely, having avoided even its threat until well past 10:15. The 2947.50 bias-up target is in-play.

Could the delay extend? Back under 2939.25 would suggest that yesterday 2936.00 last relative low will be tested. But the bias environment must lapse under its 2933.50 bias-down signal to invalidate its bias-up signal.