Post-open Review… Ahead of itself.

Trending down from a gap up.

The 2906.25 bias-up target was touched before the open. It was too long before the open to be considered as met. So, failing to hold above the 2900.00 bias-up signal only puts into play an offsetting test of the 2892.25 bias-down signal.

An offsetting test of the 2886.25 bias-down target is not in-play. But not holding the 2892.25 bias-down signal’s test could extend lower anyway — probably to 2884.50.

Meanwhile, buyers aren’t marginalized. This is a late no-bias, since the bias-up signal was touched within 3 minutes of 10:15 invoke the grace period, and then broken through 10:30.

Even then, that was the bias-up signal’s first post-open touch — I’m always suspicious of late efforts. Overnight lows were just probed by 3 ticks down to 2896.75, which helps to confirm the downside. But back above 2901.50 could take a much bigger detour up, first.