Mid-day Update… Shift change.
Still in negative territory, with a window opening.
This morning’s 2071.50 bias-down target defined the morning’s lower-end. Hovering just above it for an hour before a blip-down fulfilled it down to 2071.00, reacting up sharply to test 2076.00.
Another elapsed before extending higher to test the afternoon’s 2079.50 bias-up signal, but that held. And the bias environment has drifted back down to test 2076.00.
Now the bias environment is lapsing. Since a fresh afternoon high would be part of a return into positive territory, and limited time remains, any credible recovery would be very aggressive, and very product, targeting a probe above 2086.00. Otherwise, the balance of the afternoon may continue drifting, to 2074.25 and lower.
