Good things come.

Starting to reward yesterday”s recovery.

Yesterday afternoon”s bias environment was exited at 2:30 above the noon hour”s high, and the final hour hour was entered above the bias environment”s high. Buyers gained traction for their efforts. Their usual reward for this setup is to extend through the next morning”s bias environment.

So long as the following open hasn”t rejected that traction, the morning may instead back-and-fill. But only that, and not trend down, delaying the reward until the afternoon.

So, this morning”s dip did hold multiple tests of 2075.25 support, while failing to trigger the 2077.75 bias-down signal. Ranging had narrowed in to 2079.25 when the bias environment began lapsing at 11:30. Trending that began then has extended higher relentlessly to now touch 2089.00.

2088.00 was this morning”s bias-up signal, so there is natural resistance around it. Regardless, this morning”s ~2083.00 “lower prior highs” should be tested for more than a moment — if at all — before resuming the rally to higher highs.