Post-open review… Still low participation?

Overly fulfilling one expectation prevented fulfilling the other.

Not already recovering the weekend”s lower probes made the 2113.00 sleeper low”s test likely, indicating an early short-entry. It was tested, thoroughly.

Testing it early could have launched a recovery. But ounce limits held, while producing lower lows and avoiding any higher high. That has extended down to 2104.50.

That”s 2 points under the 2106.50 renewed bias-down target (for not recovering the 2115.75 bias-down target by 10:15). This leg”s next lower objective is 2099.75-2100.50.

Actually, there was an interim renewed bias-down target at 2110.00. Recovering it through 11:30 would seal a bottom. Back above 2108.50 would start to signal 2110.00 will at least be tested.

Meanwhile, oversold RSIs at 2104.50 make its retest likelier. And then likely to be broken by at least 4 points so long as bounce limits continue holding.