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Morning action neither here nor there. – If, Then… Market Timing

Morning action neither here nor there.

Eventually firming, still overlapping.

Bouncing during the bias environment up to 2099.50 still retraced back down to the 2095.00 bias-down signal. Firming into the noon hour is now retesting 2099.50.

Recovering already still isn”t optimal, regardless of further evidence that the drop since yesterday”s highs has been sponsored by weak hands. But recovering would be credible if the noon hour exit had continued recovering.

Otherwise, there would remain potential for a fresh low to retest the overnight highs lows.