Post-open Review… They’re taking another shot at it.

Buyers ultimately hold the open.

The potential for gapping up above yesterday afternoon’s 2833.50 high had evaporated well before the open. Along with it went the potential for triggering a session-long rally. Extending higher is still possible, perhaps even throughout the session. But it’s not a requirement.

The 2830.50 bias-up signal ultimately triggered late. Its 2836.00 bias-up target had not been met, and quickly attracted price up to and through it. Unfinished business above was outstanding at yesterday morning’s 2840.75 bias-up signal, which broke lower during its bias-up environment. That was just probed up to 2842.00.

Recovering yesterday morning’s ~2844.00 high through the close wold break free from downside attractions, and confirm the Isolation setup is reinstated and targeting a retest of last week’s highs.

A lot of buying pressure has been expended already . More so, it has been expended aggressively by the steep and substantial 15-point rally off of the post-open 2826.75 low. And still yesterday morning’s high hasn’t been touched. Back under 2838.25 would start to signal this morning’s rally had failed, which remains a risk since the open already failed to exploit its opportunity to trigger a session-long rally.