Post-open Review… Fallen, and refuses to get up.

Gap down sticking to yesterday’s lows.

The last-minute attack on 2167.50 was already retraced to open back at yesterday afternoon’s 2164.25 low. That soon gave way to attack this morning’s 2161.25 bias-down signal to within 2-3 ticks. But it wasn’t touched.

Not touching  the bias-down signal means it can’t actually  hold and be rejected. No offsetting test of the bias-up signal is required. No-bias did signal, so this is likely the morning range’s lower-end. But there’s no assurance it isn’t also its upper-end.

Back above 2164.75 would start to suggest a bounce is underway. No requirement to test the 2172.50 bias-up signal, except that it lies on the path to fulfilling yesterday’s unfinished business above at 2175.50. End exiting the bias environment under its 2161.25 bias-down signal would more likely trend down.