Post-open review… Are they through, yet?

Bias-down target met, probed, and held?

The pre-open bounce to 2098.00-2099.00 resistance was repeated post-open, but only to its lower-end. The bigger picture already had made fresh lows likelier than to recover. And back under 2095.00 signaled that to be underway.

A singular effort extended down to fresh lows at 2084.25, satisfying all downside objectives. A bounce to 2089.75 held up above the 2086.50 bias-down target through 10:30, to avoid renewing the bias-down signal

This is still a bias-down environment. Despite not renewing its signal, a fresh low was probed down to 2083.50. Had the signal renewed, the next lower objectives would be 2077.00 and 2070.00-2072.00.

Back above 2087.00 and 2088.50 would be credible for reversing back up. The probe under 2084.25 was isolated between 10:15-10:30, it was within 3 ticks of 2084.25, and its RSIs diverged positively.

Optimal timing would have been to trigger the recovery signals by 10:30. And a fully-formed buy setup that doesn”t actually trigger tends to become as bearish as it would have been bullish. So, look out below if 2087.00 and 2088.50 aren”t recovered soon.