Steep, or stop.

Bias-down rejection attempt might be rejected, too.

Despite triggering bias-down cleanly under 2097.25 at 1:20, the bias environment was exited at 2:30 above the signal. Also recovering the noon hour”s 2101.00 high by then would have been optimal. It wasn”t.

So, the original bias-down signal remains capable of performing. And since the interim bounce did test 2101.00 — albeit too late to be influential — reinstating the bias-down today would have a lot of room to fall, and little time to do it.

Trending under 2098.00 or back above 2101.00 through the 3:10-3:20 timing window (now open) would be likely to extend int that direction. Otherwise, ranging sideways is possible, paralyzed by anxiousness ahead of tomorrow”s Employment Situation report.