Post-open review… fallen and won’t get up.
Bias-down parameters met.
The pre-open dip had extended down to 2101.50. It was recovered through the open up to 2109.25. Its consolidation didn”t resume the recovery, and broke lower to 2097.25.
That tested the 2098.00 bias-down target. Twice. Both 1-minute and 3-minute RSIs diverged positively on the retest. That produced a reaction up to the 2103.50 bias-down signal.
So, bias-down triggered, but its target has been met and held. Despite being a bias-down environment, usually the bias-down targets will continue holding through 11:30 if they held through 10:15. But this is still a bias-down environment.
Back under 2099.00 (being tested now) would start to signal fresh lows in play, targeting 2095.25. It”s premature to start probing above 2103.50, but probing it when the bias environment is within view of lapsing would be bullish.
