Post-open Review… Periscopes up.

Sub-optimal gap up surfaces at fresh highs.

Gapping up above prior highs — and maintaining the gap up through the opening 15 minutes of volatility — was critical to preventing sellers from regaining control.

Gapping up to the 2065.25 bias-up signal reacted down 4 points, and recovered in time to maintain the gap up. But it wasn’t optimal. A 30-minute range between 2059.50–2064.00 had to resolve up. It was, but only to overlap 2065.25 in time to invoke the grace period. After extending to 2068.75, bias-up triggered, but late.

All of which kept alive room for another detour on the way to this morning’s 2073.00 bias-up target. That pattern allows room to briefly test 2065.50 as support. It was just tested. And it resolved up.

That recovery didn’t prevent a knee-jerk reaction down that attacked 2062.00. A knee-jerk reaction to what, I don’t know. Back above 2066.00 would indicate it was a knee-jerk reaction anyway. Otherwise, the sub-optimal gap up will have dived deeply before the bias environment lapses.