Mid-day Update… Still no trending.
Sloppy and choppy prevail.
The overnight range was contained entirely within yesterday’s range. And now this morning and noon hour have been contained within the overnight range. Price action is getting less volatile, not more so.
Neither of this afternoon’s bias signals was touched — not even attacked — and now this is a no-bias environment. Trending attempted at 2:30 as the bias environment begins lapsing would be credible for extending int the close.
Otherwise without an artificial catalyst, the pattern indicates no sponsorship. It has no requirement to resolve in either direction, or to resolve today at all.
