Mid-day Update… Globex-flip flipped?

Morning influenced lapsed. But it hasn’t been invalidated.

The open’s Globex-flip setup produced the post-open 8-piont collapse, and the 2884.00 bias-down target test. Despite bouncing, the balance of the morning was contained by the 2890.75 bias-down signal. The noon hour entry dipped to 2887.75.

The noon hour itself firmed but never touched the 2895.50 bias-up signal. That’s being tested now by 5 ticks as the bias environment comes within view of lapsing.

Not triggering the afternoon’s bias-up kept alive potential for reinstating the bearish Globex-flip’s influence. Back under 2893.25 would start suggesting as much, which could trend down through tomorrow morning. Otherwise, continuing to improve above this afternoon’s 2895.50 bias-up signal would target a retest of the 2899.50 overnight high, and probably 2902.00, if not also fulfilling the eventual higher close requirement.