Post-open Review… Squeeze.

Gap up extends through the open.

Wednesday’s 2139.50 prior high is relevant because it resolved down to fresh lows. Testing it during the opening 15 minutes of volatility wasn’t necessary. Coming so close without touching it would not have been bearish. But exceeding it through 9:45 would be bullish.

And it was exceeded through 9:45. Then a close-quarters Double Top (circled red) reacted down to 2138.50 in 3-4 minutes to avoid violating the upside momentum. Its recovery just touched fresh highs at 2143.25.

The 2136.00 bias-up target wasn’t even touched post-open, so it was exceeded easily to renew the bias-up signal. That’s at least 2144.00, which is now in-play. Above 2145.50 would target 2150.00.

RSIs are diverging negatively into the high. Friday morning’s bias signal tends to persist through the noon hour, so a reversal down isn’t likely. Reacting down could extend to 2137.50, and still be likely to recover back to the high.