Post-open Review… Down, but not yet out.

Not yet extending the suppressed open does keep door open for a bounce.

The open didn’t do anything bullish. It didn’t avoid 2495.50, it didn’t trend up through the open, and it didn’t recover positive territory. Nothing bullish, except delay extending down.

That delay invoked the grace period, since the 2498.00 bias-down signal was still being overlapped at 10:15. It was still being overlapped at 10:30, too, triggering noN-bias.

Not bias-down which would require holding 2498.00 as resistance. Not no-bias, which would have put into play an offsetting test of the 2505.00 bias-up signal. But noN-bias, with no bias influence.

Back above 2499.00 would start to suggest a morning rally underway, regardless of there being no other indication for it. Originating from an unstable base would doom it to failure. Otherwise, back under 2497.00 would target fresh session lows under 2495.50, and potentially an air pocket under 2490.00 and lower.