Post-open Review… Rulers of attraction.

Sellers gain reinforcements to push price lower.

Gapping down to the 1848.00-1849.00 area firmed only momentarily before diving to fresh lows at 1841.00. Another bounce probed the 1848.00-1849.00 area before resolving down again.

Eventually, fresh lows attacked 1833.00.

Now a bounce to 1843.00-1844.00 is trying to extend its recovery. It wants to extend. Recovering here could exit the bias environment with the objective of testing Friday’s range.

That reward would have been much more reliable if triggered a half-hour ago. Now a recovery is unlikely before extending down to 1825.75. So, bouncing any higher here would still encounter the 1848.00-1849.00 area’s resistance before further downside can be dismissed.