Daily bars on the SPY shown above as of mid day today and technically we’re almost in a bull bias mode but…and there’s a big BUT, it’s hard to fathom what white rabbit is going to pop out if the hat to propel the markets higher. Mid day and the NYAD is stuck at .10…distinctly bearish. We’ve seen a little morning session give and take, mostly revolving around the S3 pivot, although significantly lower in many issues. No indication of a gap fill today, which doesn’t bode well for the close unless the NYAD picks up some momentum.