Post-open Review… Weak strength.

Bias-down is triggered, but not extended.

The 2801.50 pre-open low was recovered to test the 2808.75 bias-down signal as resistance. The open was greeted back down at 2804.00, and consolidated back up to eventually recovered up to 2813.25 through the first half-hour. Hovering there never gained momentum, and price soon collapsed.

The collapse has held 2805.00, and along the way it triggered the 2808.75 bias-down signal. Another bounce up to 2811.00 is also becoming a collapse back down to post-open lows. The 2800.75 bias-down target is in-play.

Exiting the bias environment under yesterday afternoon’s 2793.50 low would be credible for extending down this afternoon. That’s not the only path down, but their numbers dwindle as time goes by without much success by this morning’s sellers.