Post-open Review… Dragged down and out.

Modest opening grind undermines trending.

Fluctuating around 2355.00 pre-open continued to underscore the level’s relevance. But its attraction didn’t last into the open, which was greeted back down at 2352.00. Multiple tests of the 2349.75 bias-down signal held as support. But its reactions were brief and shallow.

2349.75 was still being overlapped both at 10:15 and 10:30 to trigger noN-bias. No offsetting test of the bias-up signal is required, nor is the bias-down target in-play. Fresh lows could test 2345.00, so long as a bounce doesn’t recover 2352.00.

None of which affects the bearish WedEX whose influence begins this afternoon. No higher objectives are in-play — the flat open didn’t create a gap, and holding 2355.00 left nothing higher in-play. Still, rejecting 2355.00 would have been more bearish, so bouts of buying pressure might not be done.