Post-open Review… On a streak.

Overnight rally, pre-open recovery, post-open surge.

The open was greeted back at the 2318.00 overnight high, having recovered from a dip to 2313.50. Probing fresh highs through the bias timing window attacked the 2323.25 bias-up target to within 3 ticks. A pullback to 2319.50 has recovered to touch 2323.25.

I’m a little suspicious about extending any higher. Gapping up and trending up without hesitation is excessive optimism. The eventual reaction down was recovered more than entirely before consolidating, which is more optimism. And now RSIs diverged negatively upon touching the 2323.25 target.

Back under 2320.00 would target at least a test of the 2317.00 bias-up signal. It could be probed, but must define this window’s lower-end before being able to reverse the trend down.

Otherwise, extending higher despite the weaker elements would be its own bullish signal. Fresh highs would next target a test of 2327.00-2330.00.