Post-open Review… Half-step forward, three-quarters step back.

Opening dip recovered in time, attacked too late.

The open’s dip to 2099.50 was also a test of the 2100.50 bias-down signal. Its reaction probed above overnight highs to 2106.50. Triggering no-bias after holding the bias-down signal’s test through 10:15 put into play an offsetting test of the 2109.50 bias-up signal.

A pullback into 10:30’s EIA announcement became a plunge as the announcement triggered Crude Oil dropping further. The 10:30 bar probed under the bias-down signal, and under the opening low. But it also overlapped the bias-down signal, and didn’t qualify for invalidating no-bias.

So, an offsetting test of the bias-up signal remains the likely resolution after the current dip is done. And it could be done after testing only 2093.50, not necessarily testing yesterday’s 2091.00 low required by its oversold RSIs.

Back above 2101.25 would signal the late plunge had ended already. A very aggressive move to fresh highs would be likely. Otherwise, a fresh low under 2097.00 would target 2093.50 and potentially also probe under 2091.00.