Post-open Review… Suspenseful suspension.

Gap down holds, bullish WedEX intact.

There was nothing bearish about the open’s pattern. It was not redundant to repeat the overnight low’s retracement to 2370 50, where Wednesday’s FOMC reaction had originated. Its retest targeted 2369.50, which was touched. And 1-minute RSI all but diverged positively on its retest.

Reacting up from both tests wasn’t bearish, essentially proving the level is relevant.

Even delaying the bullish WedEX influence wasn’t bearish. But it’s at least optimally bullish, so long as the opening 15 minutes of volatility did contain the low. A late push higher touched the 2375 75 bias-down signal in time to invoke the grace period, and ultimately triggered it by a 2-tick 2-minute margin. Also not optimal. But also not bearish.

An offsetting test of the 2380.00 bias-up signal is now in-play.

The late push accomplished invoking a grace period. That gives the push’s sponsorship more credibility. Now, a fresh high above 2376.00 would be helpful, since RSIs diverged negatively there. Regardless, only fresh session lows could threaten to prevent 2380.00 from becoming “unfinished business above.”