The First Trade… Correcting for the halt’s effects?

Proper context can start the day with a solid win and make all the i difference.

CHARTROOM LINK(s)
o Win XP-Friendly entry
o non-xp friendly (ilinc)
(pre-open Market Tour begins at 8:55 ET)

Through the prior close…
Gapping down Wednesday to its 2062.50 bias-down target was extended lower through an eventful day, marked by an unprecedented NYSE halt and unaccommodating FOMC Minutes. It was an inside day, which often makes the pessimism ineffectual. But the final hour hovered optimistically above Tuesday”s lows after piercing Tuesday”s 2037.25 pivotal low.

Overnight action”s new info…
Almost the mirror image of Tuesday night”s pattern, last night”s Globex action has only trended up. Yesterday”s entire session has been retraced, touching its opening blip-up 2061.75.

If, then…
Having trended down into yesterday”s close, maintaining a gap up above the afternoon”s 2053.25 high could form a “session-long rally” setup. The gap up”s threshold will be yesterday morning”s 2058.00 high if today”s open were still probing above it. In either case, maintaining the gap up would leave unfinished business below, since touching Tuesday”s pivotal low requires testing its 2035.00 actual low, too. In fact, that would be the objective of not maintaining a sufficient gap up — which can become more difficult when overnight action has trended relentlessly. Otherwise, a session-long rally would target the range”s 2072.50-2076.00 upper-end.

First Trade…
Exiting the open at 9:45 above 2058.00 would be likely also to exceed the 2052.25 bias-up target through 10:15 to renew the bias-up signal. There are no other relevant preliminary signals, other than the “session-long rally” setup.