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Post-open Review… One more for the road. – If, Then… Market Timing

Post-open Review… One more for the road.

Pullback low’s timing is extended.

Opening at the 2264.00 bias-down signal soon broke lower to test the 2258.25 bias-down target. Consolidating there into the second half-hour, plunging to within 3 ticks of the next likely support at 2250.50.

A bounce to 2255.50.has now resolved down to probe under 2250.50 by 3 ticks. And now lower.

Regardless of various interim support along the way down, recall that the renewed bias-down target is essentially 2247.50. Room for noise under it down to 2245.25. As relevant is probing under yesterday morning’s low, which makes the pullback likely to extend into this afternoon.