A matter of time.
Still probing fresh highs.
Higher highs are earned by surging out of a gap up without reversing through the bias timing window. Not just probing fresh highs, but actual trending. This morning”s rally to the 2095.00 area has extended higher to test 2097.00.
And now that”s being probed, too.
Pullbacks haven”t done any damage. This morning”s pullbacks stopped optimistically short of their potential before recovering to fresh highs. Those were brief pullbacks. The noon hour”s pullbacks have been shallow and lasted longer. That”s optimism.
So is probing fresh highs during the noon hour.
None of which is a sell signal. In fact, the vulnerability to reverse down this afternoon can cut either the other way, surging sharply instead of sliding back down. Meanwhile, there”s still potential for extending up to 2100.00, if not also for triggering the 2098.25 bias-up signal.
