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Post-open Review… Willing and eager buyers. – If, Then… Market Timing

Post-open Review… Willing and eager buyers.

Pre-open surge finds reinforcements.

The 2892.25 renewed bias-up signal and potentially 2900.00 probably seemed pretty far removed from the overnight ranging around 2883.00, already up 6 points from Friday’s close. (Their initial typo — calco? — 2992.25 and 3000.00 didn’t seem much further away.)

But a pre-open surge 90 minutes before the open was already testing 2889.00. And not reacting down early would be only likelier to extend sharply higher. The first hour’s near-relentless trending touched 2897.00.

A pullback is now testing 2892.25 as support. Extending any lower would threaten fresh post-open lows under 2887.00. Otherwise, back above 2895.25 would start targeting new highs up to 2900.00.