Mid-day Update… If a tree falls in the forest.

Bearish WedEX looking for sponsorship.

Last night’s range was wide, first dipping under yesterday’s low before recovering 14 points back toward its highs. Last night’s range was also choppy, reacting down 10 points from that overnight recovery, very near the open. The width and choppiness persisted by a 12-point surge through the open.

This morning’s bias environment ranged choppily, too, but the noon hour has suddenly flat-lined. And the afternoon bias environment is even less volatile.

None of which alters whether the bearish WedEX is in-play. But setups like this rarely resume trending. Resolving down would be likely to begin suddenly and to drop sharply. Probing higher would still be vulnerable to resolving down per the bearish WedEX influence.