Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Mid-day Update… Not easily absorbed. – If, Then… Market Timing

Mid-day Update… Not easily absorbed.

Opening drop retraced only back to the open.

The 2777.75 opening print quickly extended down to confirm the Globex-flip setup. That confirmation represented most of this morning’s drop, which got to 2769.00 before 10:15. There has yet to be a lower low, but the bias environment remained under pressure.

The noon hour recovered to test the 2777.75 open, attacking 2782.00. But the 2782.75 bias-up signal wasn’t even touched, and now 2777.75 is being probed as support.

Just avoiding an afternoon bounce — not necessarily extending down — would suggest the bearish Globex-flip influence will stretch through tomorrow morning, too. Any fresh low would next target 2753.00-2757.50. None of which even considers the Isolation setup, which would target at least 2730.00. But back above 2783.75 would start to signal a recovery underway.