Mid-day Update… Shift change.

Selling persists as long as possible.

There was a greater vulnerability to probing lower this morning, despite it being a no-bias environment. And perhaps because of being a no-bias environment, its 2255.00 bias-down signal defined the window’s lower-end. Mostly.

2255.00 didn’t break until after coming to within view of the bias environment lapsing at 11:30. Touching support at 2252.00 reacted up to attack 2259.00 at noon. Trending back down through the noon hour fell to 2249.50 just before triggering bias-down. Its 2249.00 bias-down target need not be met any closer than the 2-3 ticks already attacking it.

Now the bullish WedEX influence should begin to dominate price action. The nearest buy signal is 2252.75 which is being tested now. The balance of the afternoon could retest the low — despite only 3-minute RSI being oversold at the low so it doesn’t require a retest — so long as any fresh low or pullback resolves up to a fresh high.