Post-open Review… But, wait, there’s more.

Pre-open recovery attempt collapses post-open.

The overnight drop had trended flat-to-lower, blipping-down at its low to test 2463.00 before midnight. Bouncing to the range’s 2480.50 upper-end extended higher into the open up to 2493.50.

Resistance at the 2489.50 bias-down target held as price reversed down immediately. And relentlessly. Its likely minimum objective at 2469.50 was soon met, and now also the next likely objective at 2450.50.

1-minute RSI’s higher low is on the cusp of diverging positively, while 3-minute RSI makes a higher oversold low. That’s not a buy signal, but it doesn’t require a retest. Fresh lows attacked 2447.00, and are now bouncing.

Back above 2459.50 would start to signal a corrective bounce targeting 2470.00. Regardless, the decline is free to resume at any time, its next lower likely target being 2425.25.