Post-open Review… Lower lows.

Post-open probe under overnight lows.

Opening within the choppy pre-open range at 2118.00 did not both trying to reject the overnight slide. Neither did the open rush to resume the slide. And those were the two templates that could have formed a near-term bottom.

Price action instead gradually returned to the pre-open range’s 2115.00 lower-end, and then sharply through it to test 2108.00.. Slightly higher oversold RSIs there led to a bounce testing 2117.00. Its reaction down is probing back under the overnight range’s 2115.00 lower-end.

Probing under 2112.00 and quickly recovering back above 2115.00 would have launched a morning rally. Probing under 2112.00 and recovering back above 2121.00 into the noon hour could produce an afternoon bounce.

Otherwise, Tuesday’s slide has resumed, and the overnight slide will resume, next targeting 2105.00 and 2095.00.