Post-open Review… Maxed out selling.

But potential for a rogue lower low.

Bouncing off the 2390.50 low up to 2394.25 greeted the open at 2393.00. Immediately, a spike down attacked the overnight low. After briefly pausing, another spike down probed a fresh low at 2387.75.

That’s within the 2387.25-2388.25 pullback potential that was put into play yesterday afternoon. Testing it wasn’t required, but its test is required to hold through a relevant timing window to maintain a near-term objective for fresh highs.

A fresh low has probed the 2387.25-2388.25 range’s lower-end by 1 tick. Meanwhile, the 2389.25 bias-down signal triggered.

Testing the 2384.25 bias-down target would necessarily probe under the 2387.25-2388.25 pullback limit. That won’t be any more bearish, so long as the bias environment exit is back above 2387.25, preferably above it, and above 2389.25.

Alternatively, bias-down could be invalidated. It’s too late to simply recover the signal through 10:30. But exiting the bias environment at 11:30-noon above the 2391.25 post-open high would suffice — so long as a print under the 2387.00 pre-10:15 low is avoided.

A deeper pullback could still recover, and likely would. So could taking longer to fulfill the bias-down target. One or the other would be likely if neither scenario described above has formed by noon.