Inversion therapy.

Session-long rally setup is inverted, for at least awhile.

Entering the morning”s bias environment at 10:15 above 2058.00 maintained a benefit of the doubt for the session-long rally setup. That had formed by exiting the open at 9:45 above 2058.00.

A less influential level at 2063.75 was still being overlapped at 9:45 to undermine the 2058.00 recovery. Then 2058.00 was touched into 10:15 to jeopardize it. All of which could have been recovered. But the bias environment lapsed from 11:30-noon as a break under 2058.00 extended down to 2054.00.

The session-long rally had inverted. And now this afternoon”s 2051.00 bias-down signal has triggered.

A bounce just touched 2052.50. Oversold 1-minute and 3-minute RSIs at the 2048.00 low require its retest, along with the 2045.00 bias-down target.

Only one timing window of a session-long setup doesn”t probe the prior timing window”s extreme. Only one candidate remains, the session”s final hour. Overbought RSIs at the open”s 2068.00 high will require eventual retest, so that would be the objective if a rally were to get underway. Otherwise, without a counter-trend window, there is potential to fresh lows under 2035.00.