Mid-day Update… Bearish behavior below.

WedEX influence should be obvious in this context.

If the WedEX’s bearish influence is valid, then it should begin being obvious now. Here, and now. The afternoon’s 2778.00 bias-up signal avoided triggering after invoking the grace period, so this should be the bias environment’s upper-end. And it’s already essentially the session’s upper-end.

So, selling should become obvious — here, and now — or at least upon dipping back under 2775.50 at any time this afternoon.

The setup’s downside need not be very productive. The window’s lower-end should be defined by 2769.50 if tested, or 2767.75. Any lower any later would be attracted to this morning’s oversold RSIs at 2765.50, whose retest all but ensures extending down to 2756.00.

Fresh session highs would be triggered above 2779.00, targeting 2783.00-2784.00, possibly 2788.00-2788.75. And fresh highs can’t be ruled out, since NDX has outperformed among the intraday index recoveries while the Dow has underperformed. These relationships are meaningful if they persist through the close.