Post-open review… Renewed.

Bias-up target met, and exceeded.

After yesterday”s buyers had failed to gain traction for their efforts, rallying this morning required essentially gapping up and extending. Exiting the opening 15 minutes of volatility above 2088.25 would be likely to trigger the 2086.50 bias-up signal at 10:15.

In fact, the open”s gap up extended quickly through 2088.25. The 2093.25 bias-up target was met to within 1 tick at 9:45.

And the bias-up target was exceeded through 10:15 to renew the bias-up signal. Although not required to be met, 2098.50 and 2099.75 are in-play.

Surviving the open without reversing down in this pattern does suggest that sellers are marginalized for the day. This is regardless of extending so high and so quickly.

Overbought RSIs at the high make its retest likely. Timing makes fresh highs this morning likely to extend higher. Dipping is possible, if not also likely. But there is room down to 2091.00 before suggesting the dip is part of a reversal down.