Post-open Review… Round and round and round she goes.

Wide pre-open swings land at the range’s lower-end.

The overnight rally up to 2825.00 was blind-sided by China trade news. It triggered a collapse to fresh session lows attacking 2811.00, which was recovered up to 2822.00 before the open. Trending back down greeted the open at 2815.00, on the way to fresh lows at 2808.50 and to cleanly triggering the 2813.00 bias-down signal.

This is a bias-down environment, targeting 2806.25. I would expect extending to visit 2801.00 “lower prior highs,” too.

Meanwhile, price action is ranging around 2813.00. A surge to 2816.50 has reacted down to touch a 2811.50 sell signal, not yet triggering it. Having avoided a fresh low since 10:15, invalidating the bias-down now requires exiting the bias environment above its 2822.75 bias-up signal. Otherwise, the bias-down target will become “unfinished business,” regardless of the potential for a bigger detour up.