Mid-day Update… Making lemons from lemonade.

Difficult to snap back down without first stretching up.

Testing and retesting this morning’s 2661.50 bias-down signal fulfilled the no-bias signal’s requirement for its test. Neutralizing the attraction below creates a vulnerability to reversing up.

So, was its reaction a recovery, or just a bounce? The bias environment exit was still overlapping yesterday’s 2666.25 cash session close — probing above it, and under it. That’s not decisive, so new sponsorship wasn’t exploiting the vulnerability.

Price bounced further anyway, up to 2674.00. But this afternoon’s 2672.00 no-bias signal didn’t trigger, and its reaction is testing 2667.75 support. Its break would have room down to this afternoon’s 2659.25 bias-down signal during the no-bias environment. Back above 2672.00 would target fresh highs — regardless of this being a no-bias environment.

Probing or falling under this afternoon’s 2659.25 bias-down signal is difficult without first having probed prior highs. This being a Friday, exiting the bias environment under a relevant support could simply extend into the weekend. But it’s otherwise difficult to attract new sponsorship Friday afternoon when Friday morning couldn’t attract sponsorship itself.