Post-open Review… Searching for buyers below.

Opening slide extends down sharply.

The 2793.00 opening print is also this morning’s bias-down target. Exceeding it through 10:15 renews the bias-down signal. Some support along the way lies at 2788.00, but the renewed bias-down target is essentially 2781.00.

Which was already met.

Quickly falling out of the open soon entered a choppy 5-6 point range around 2788.00. It resolved down to 2778.25. The renewed bias-down target was essentially being tested at 10:15 to avoid doubly-renewing the bias-down signal.

Regardless, this is still a bias-down environment. A bounce has room to 2787.50 (being tested now by 5 ticks) whose recovery would start to signal a bigger recovery underway. Meanwhile, oversold RSIs at the low require a retest, which would be signaled underway back under 2782.00. Extending the decline would next target 2764.00.