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Post-open Review… Stretching the rubber band more. – If, Then… Market Timing

Post-open Review… Stretching the rubber band more.

Gap up extends to fresh highs.

The overnight pullback from its 2617.00 high touched 2607.00. Already recovering to open at 2615.00, the pre-open recovery extended higher to touch 2624.00. Double topping there never exploited the room for noise up to 2626.00, and reversed back down to touch the 2613.25 bias-up signal.

This is a bias-up environment, so the 2613.25 bias-up signal should define the window’s lower-end. Probing under it could start to gain traction regardless of the remaining potential upside.

Back above 2617.75 would signal the rally had resumed, at least to retest the highs, presumably targeting 2626.00