Mid-day Update… Stay alert.

Late bias-down and bearish WedEX are fighting against timid buyers.

I call them timid buyers because they keep trying, and then stop short of anything impressive. Maybe there’s a reason for that.

There’s timid sellers, too. Entering the noon hour above the morning’s low before probing lower, and then recovering the morning’s low before the noon hour’s end, is a bullish setup. It was borderline today.

But sellers can be timid and still win the day. Bias-down just triggered late, and some remnant of the bearish WedEX may still be influential.

Be careful being short without breaking down under 1853.00-1855.50. Above 1868.00 could start to be squeezed higher.

REMINDER : I’M AWAY FROM THE SCREEN FOR AT LEAST AN HOUR STARTING NOW.