Post-open Review… Sellers stalled.

Retest of overnight lows trying to hang on.

Immediately rallying out of the open would have been credible for extending higher through the morning. There was no confusing the opening price action with a rally.

The 2148.00 opening print blipped-up to touch the 2149.00 bias-down target. That reversed down sharply to attack the 2144.25 overnight low. And a brief consolidation there was resolved by new lows down to 2141.25.

Being the next lower objective, testing and holding 2143.50 had potential to expend the morning’s selling pressure. It did take a little while of ranging around it. But no probe under 2143.50 was confirmed, and now 2149.00 is being attacked at 10:15

Attacked, but not recovered. This is a renewed bias-down environment Its 2143.50 renewed target has been met. And 2149.00 may be recovered up to the 2155.00 bias-down signal.

Or, not The only predictive observation — still relevant to the pattern — is that the decline had an opportunity to further entrench itself but didn’t. Recovering positive territory is the only pattern that would signal a bottom having formed today.