I am currently trying to learn more about video signals. I'm particularly interested in NTSC since I live in North America.

I recently bought an oscilloscope (Siglent SDS1104X-E) and I am trying to look at the composite NTSC signal output by a Playstation 1 (SCPH-101/PSone/NTSC-U/C).

Now I was happy to learn that my scope had a NTSC trigger built in, however I couldn't get it to trigger at all in this mode...

Anyway I forced a trigger and this is what I got:

From what I've read on NTSC the reference white should be 100 IRE (714mV) in amplitude and the sync level should be -40 IRE (-285.7mV) in amplitude so I don't understand how come my scope calculate a minimum amplitude of -12.80mV? Shouldn't it be around -285.7mV? Is the playstation generating a scaled down signal somehow?

Here's a picture when I zoom in on the signal:

To me this looks like 1 scanline worth of signal. So I think the signal looks fine except for the amplitude. I can clearly see the signal dropping to the sync level followed by the color burst.

What am I missing here? Why is the signal amplitude wrong? How can my TV even display this signal correctly?

Edit 1: New picture with probe and scope @10x

I have the playstation with the tray opened so it's most likely displaying the bios screen:

Edit 2:

I don't have an "optimal" way to connect the probe to the component signal I had some RCA ports laying around but no pcb to solder them on. So I connected the RCA cable into this port and connected the probe directly to the pins.

I tried connecting the probe directly to the end of the rca cable and I am getting a MUCH better signal, the NTSC trigger now works. However the amplitude seems too high. With sync level at about -1.14V, I also set the scope back to 1x otherwise I get -11.40V (that can't be right?)