Mid-day Update… Finding its own way.

Bearish influences have lapsed, but market hasn’t recovered.

Bearish influences are standing out. The bias environment was exited in decline and much closer to its morning lows, ending the bearish WedEX influence. The morning lows were attacked more closely during the noon hour, and haven’t been recovered. This afternoon’s 2765.25 bias-up signal held its test to trigger no-bias.

Meanwhile, there’s nothing bullish about the session.

But the list of bearish influences is just potential. Or already fulfilled. None has created any further downside requirement. This afternoon’s 2754.25 bias-down signal also held a test to avoid triggering.

Breaking under this afternoon’s 2754.25 bias-down signal as the window begins lapsing would be credible for resuming the decline. Having delayed its resumption, trending down through the close would be likely. Not yet starting to decline remains vulnerable to another bigger bounce.