Session-long what?

Noon hour”s downdraft threatens to invert earlier bullishness.

2107.00 was visited while testing this morning”s 2105.50 renewed bias-up target.That didn”t extend, and the balance of the bias environment ranged narrowly sideways, hovering under 2105.50.

Until the bias environment began lapsing at 11:30. That timing window”s end was greeted by what has been relentless selling that just touched 2092.75.

Has the session-long rally setup inverted? Almost, but not quite. The bias environment finished lapsing at noon back AT the morning”s 2098.50 bias-up target, not UNDER it. That hasn”t prevented the noon from extending down, but it does suggest the lower lows will be recovered.

Triggering the afternoon”s 2095.50 bias-down signal can still invert the session-long rally. The remaining timing windows would be likely to trend down.

Otherwise, triggering no-bias by recovering 2095.50 at 1:20 would make the balance of the session likely to trend up. Not necessarily all the way back up to session highs, but trending higher nonetheless.