Post-open Review… Is today the day?

Post-open surge threatens new high.

The overnight rally up to 2268.00 greeted the open at 2264.00. Essentially. A last-minute blip-down to 2263.00 spiked back up to attack 2268.00. Anyway, the spike didn’t slow post-open, and extended to probe the 2272.00 bias-up target by 3 ticks.

2272.00 held through 10:15 to avoid renewing the bias-up signal. This is still a bias-up environment, so a pullback has room down to its 2265.00 bias-up signal. In fact, a probe under 2268.50-2269.50 is threatening as much.

Regardless of a deeper pullback this morning, new highs are threatened, too. Just maintaining the open’s surge through 10:15 suggests any dip will recover. Back above 2270.25 would signal the rally is resuming, next targeting 2278.25.