Post-open Review… Bigger fish to fry.

And they’re swimming at much lower depths.

The overnight low had reached 2416.50, still 1 point short of neutralizing Monday’s 2415.50 unfinished business below. Wider and wider swings through the 10:15 bias timing window tested 2424.00-2425.00 above, and ultimately returned to the overnight low.

Ultimately may be a bit misleading when four swings have already measured 5, 6, 7 and 8 points. Even returning to the overnight low has reacted up already by almost 4 points.

Back above 2427.75 through a relevant timing window would suggest a bottom is being formed, or that momentum is already reversing up. Otherwise, oversold RSIs at Friday’s 2412.50 low require a retest, too. But it’s not likely support. Breaking more than 1 point under 2415.50 would more likely extend down to 2409.25 and 2407.00. There’s room to 2399.00.