Post-open Review… Warning shot.

Weak open holds support. For now.

Yesterday morning’s no-bias environment had left outstanding the objective to test its bias-down signal. This morning’s 2098.00 low just neutralized it.

That also fulfills this morning’s bias-down target to within 1 tick. It was put into play by holding the 2103.00 bias-down signal through 10:15.

Now bouncing 4 points to 2102.25 confirms the area’s influence. But it doesn’t reverse momentum up. Still being a bias-down environment, the morning’s upper-end should still be defined by the 2103.00 bias-down signal – even if its probe were to attack 2106.00.

And bouncing during a bias-down environment is likely sponsored by weak hands, refueling sellers. Back under 2100.00 would signal the decline’s momentum remains intact, and targeting lower lows down to the 2094.00 area.