Post-open Review… A downward bias persists.

Gap down’s recovery attempt fails.

Gapping open 4 points under Friday’s 2266.25 cash session close could only touch the 2261.50 bias-down signal. Reacting up filled the gap up to 2267.50. Retracing back down probed the open’s low, and Friday’s 2260.00 low, down to 2258.75.

Triggering the grace period didn’t prevent triggering late bias-down. The 2255.50 bias-down target is met already — too late to renew the bias-down, but neither was it tested and held through 10:15.. So, extending down probably also retests Thursday’s 2253.00 low, if not also the prior week’s 2248.50 low.

The earliest indication of not extending down would be to recover 2265.00, preferably through the bias environment exit. Otherwise, a deeper pullback is underway.