Mid-day Update… Paradigm shift.

A different market psyche than pre-open.

The open’s Isolation setup has been very productive. It got a choppy start, but 2767.00 held as support to launch the post-open rally. The isolation setup’s usual reward is to retrace the last downleg’s origin, which is yesterday’s ~2783.50 highs.

The morning’s bias setup has been influential, too, putting into play a test of its 2778.50 bias-up signal. The noon hour fulfilled it and probed it by almost 2 points. Its reaction down to 2777.00 is now trying to recover and resume the rally.

Meanwhile, this afternoon’s 2775.00 bias-up signal has triggered, targeting 2782.00. That’s difficult to invalidate. Especially with this being a Friday, unless the afternoon bias environment is exited back under a relevant low. Currently, that’s 2773.00-2775.00.