Mid-day Update… Hung up.
Locked into a sideways range.
The overnight rally had extended through the open up to 2018.00. It was already dipping into the bias timing window at 10:15. The bias environment trended down to 2006.00.
That leg has since contained price action.
Bouncing through the noon hour touched the afternoon’s 2015.75 bias-up signal, stopping short of the high. Bias-up didn’t signal, and now a reaction down to 2009.00 is pausing short of the morning’s lows.
Exiting the bias environment at 2:30 above the noon hour’s 2016.00 high would be vulnerable to trending up through the close. Similarly, exiting the bias environment at 2:30 under this morning’s 2006.00 low could fill the gap back to yesterday’s 1991.00 close.
