Post-open Review… You don’t see that every year.

From both bias-ups through both bias-downs.

The pre-open high touched this morning’s 1910.75 bias-up target just 10 minutes before the open. Its reaction down quickly fell under the 1904.50 bias-up signal. Rejecting tests of both bias-up parameters through 10:15 would put into play offsetting tests of both bias-down parameters.

But, wait, there’s more.

The 1890.75 bias-down signal and 1885.50 bias-down target were tested, too. And exceeded through 10:15 to renew the bias-down signal. That has been exceeded by another 20 points down to 1865.00.

Substantial selling pressure is required to reject tests of both bias-up parameters and to trigger both bias-down parameters. This is very unusual activity, so be prepared for almost anything.

Persistently oversold 3-minute RSI has ended with a bounce above 1874.25. That put into play a test of this morning’s 1885.50 bias-down, which is now met to within 3 ticks.

Simultaneously oversold 1-minute and 3-minute RSIs at the low require its eventual retest. Back under 1876.00 and 1872.25 would signal that leg underway, targeting 1862.75.