Post-open Review… Same old crowd.

Pre-open bounce holds resistance.

the overnight dip down to 2332.25 had recovered through Europe’s opens, at least attacking yesterday’s 2342.25 futures close. Hours of ranging around yesterday’s 2340.00 cash session close greeted the open.

Immediately trending up into yesterday’s range could have isolated sellers and reversed momentum up. But buyers couldn’t exploit the proximity and timing before price reversed down sharply. At 10:30, 2333.00 was being tested.

Now that the 2337.25 bias-down signal triggered cleanly, its 2331.00 target is in-play. And a fresh post-10:15 low makes it exponentially more difficult to invalidate the bias-down, by exiting the bias environment above the 2350.50 bias-up signal.

Recovering 2350.50 seemed very unlikely at 2333.00. Then price spiked back up to 2342.00. Invalidation is still a stretch, but some sort of detour become likelier the longer that 2337.25 maintains its recovery.