Mid-day Update… The consequences continue.

Predictable and productive trending remains intact.

This morning’s 2052.50 bias-down target was still being overlapped at the bias environment exit. A retracement to its 2058.00 bias-down signal is required. Often, the 10:15 bias timing window print is also retraced at 2064.00.

First things, first. Oversold RSIs at the 2048.50 low require its retest. That didn’t prevent bouncing to 2056.50, but now 2052.50 is being tested as support.

Also being tested is a sell signal at 2051.50. Not triggering it would make a higher bounce likelier. The bigger challenge is that this morning’s potentially bullish setup (session-long rally) had formed but wasn’t triggered, which should point down shrprly today.