Not just anxiousness ahead of the Minutes.

NYSE technical glitch invades the noon hour.

NYSE is began experiencing technical difficulties as this morning”s bias environment began lapsing at 11:30. Other exchanges are mostly operational and able to trade NYSE-listed issues.

This followed a mid-morning bounce that peaked at its first target 2057.75. That resolved down to a fresh session low at 2043.25 ahead of the noon hour. That fresh low was preceded by firming to 2052.00. And now it has been bookend-ed by a surge back up to 2052.00.

That”s not necessarily a bottom. And not yet rejecting the drop isn”t necessarily bearish. The market is always paralyzed by anxiousness just before FOMC events (e.g. Minutes, policy statement). And FOMC Minutes are less than an hour away.

Recovering from a fresh low that printed during the noon hour would have been bullish. Triggering the 2054.25 bias-up signal would still be bullish. But look out below if the afternoon probes fresh session lows by more than just a knee-jerk reaction.