Mid-day Update… WedEX time?

Still ranging, with the expiration influence.

Neither bias signal was touched in triggering no-bias this morning, and again this afternoon. Room down to this morning’s 2375.25 bias-down signal was utilized, eventually down to 2373.75 as the bias environment began lapsing. But trending up into and out of the noon hour has touched 2380.00.

2380.00 is this afternoon’s bias-up signal. It was touched well after having potential to trigger. So, like this morning’s bias-down signal, it should define one extreme of this timing window.

Unlike this morning’s extreme which reacted in the opposite direction, this afternoon’s bias environment should break. That would be the likely influence of the bullish WedEX.

Breaking above 2380.00 after the bias environment begins lapsing would be free to extend higher into the close. Simply absorbing any downdraft would fulfill the WedEX, and still be capable of extending higher aggressively Monday morning.