Mid-day Update… Sparing the formalities.
Noon hour low is already testing the target.
The next lower objective under 1899.00 is 1884.00. Not exiting this morning’s bias environment back above a relevant level would leave 1884.00 outstanding to become “unfinished business below.”
So much simpler just to fulfill its test. Which was done soon after noon. And now it’s being probed down to 1881.50.
1884.00 is essentially this afternoon’s bias-down signal. The bullish scenario would avoid triggering the signal at 1:20, instead of trying to bounce back from its target.
