Post-open review

Ambush.

The decline had bottomed at 2097.00 a couple of hours earlier, but apparently that wasn”t done to wait for helpful news. ADP was weak, but barely registered a price reaction. 

Recovering 2099.00 through the opening 15 minutes of volatility would have made bias-down unlikely to trigger. The open barely touched it before reversing into a 10-point plunge down to 2089.00. 

That eventually worked lower to 2085.25 before popping back up to 2089.00. A corrective bounce has room up to 2094.25 or 2096.50, without invalidating the downleg”s momentum.

Entering or exiting  the noon hour back above last week”s ~2100.00 lows would help to avoid a multi-session decline targeting 2060.00 area.