Enthusiasm gap.

Open”s surge hasn”t resumed.

The 2091.25 high reacted back down during the morning”s bias environment to 2086.50. That had been the original buy signal, if not confirmation that the overnight pullback to 2080.75 would recover to probe fresh highs.

Price action hasn”t changed much since then. Slightly lower lows during the noon hour down to 2086.00 have avoided extending down. In fact, price action since the open”s surge has avoided taking 1-minute RSI either overbought or oversold. New sponsorship isn”t being attracted to this range, making a breakout difficult.

This afternoon being a no-bias environment, trending down has room to test the 2084.00 bias-down signal just as noise in the range. Back above 2089.00 would start to signal instead the potential for testing the afternoon”s 2091.50 bias-up signal.

Trending that is obvious ahead of 2:30 would be credible for extending into the close. But there is no requirement to trend, at all. So, be careful with position size and reaction limits.