Post-open Review… Uninterrupted.

Pre-open rally extends through the open.

The overnight rally to 2716.00 had dipped 3 points to probe back under yesterday’s highs. That was its last similarity to yesterday’s pattern until the open’s surge. In the interim, dipping back to yesterday’s highs not only held, but also launched another upleg.

Greeting the open attacking 2720.00 reacted only momentarily before extending the rally to test its 2722.00 objective. Another 3-point reaction down confirmed the level’s relevance. But it was soon recovered on the way to attacking the 2727.00 target. The attack was slow-played, but extended momentarily to 2729.00.

1-minute RSI is refusing to become overbought again, and 3-minute RSI is now leaving overbought territory. Back under 2725.00 would start to signal the rally was being reversed. But back under 2722.00 through a relevant window would signal momentum reversing down.