Post-open Review… Sellers set the tone.

Opening plunge not rejected, but also not extended.

Retesting the 2260.25 overnight recovery’s high had reacted down to greet the open at 2258.50. That was not isolating the probe under yesterday’s low, which was the least bullish of the bullish scenarios. The only overt bullish scenario remaining would be to hold the 2257.50 bias-down signal’s test.

The post-open plunge to and through the overnight low down to 2254.00 didn’t make that easy. Or possible.

Ultimately, 2257.50 didn’t hold its test. And it also didn’t not hold its test. It was still being tested at 10:15 to invoke the grace period, and also at 10:30 when the grace period lapsed. This is a noN-bias environment. Not bias-down, and not no-bias.

noN-bias is still the least bullish scenario, but not necessarily bearish. Back under 2255.75 would start to signal the break extending, anyway. Further downside would be attracted to 2252.25, 2249.50, and possibly lower. Exiting the bias environment back above 2260.50 and preferably 2262.00 would be bullish.