Walking on eggshells.

No-bias environment isn”t quite rejecting sellers.

Neither bias signal was touched before 1:20, so “no-bias” triggered. No bias target was in-play, and neither was an offsetting test of the opposite bias signal (although that setup is more influential during the morning than during the afternoon).

The 1973.75 bias-down signal was tested anyway, down to 1971.50. But being a no-bias environment, that has reacted up (quite a big, actually, to 1983.25).

None of which changes whether buyers are gaining traction. They”re not. And the entire morning was spent back-and-filling, while neutralizing the offsetting test of its 1990.00 bias-up signal. This is one of the two bearish scenarios discussed during the pre-market Tour. And it”s the only one still active.

The bullish scenarios are all less likely than just ranging sideways through the close. Not that ranging sideways through the close is likely.