If at first, second, or third…
Perseverance preserves the breakout.
The bias timing window”s three tests of its 2108.50 bias-up signal all held. No-bias triggered at 10:15. But then it was invalidated by being exceeded through 10:30.
The 2114.00 bias-up target wasn”t triggered, but another target within 1 tick was put into play. Both have been tested. Potential to 2115.75 remains alive so long as pullback limits hold, currently 2112.75.
Regardless, overbought RSI at the high requires its retest.
Not yet invalidating the pullback limit, and the outstanding overbought RSI, both undermine sellers. Also invalidating sellers is still probing prior highs as the bias environment begins lapsing.
Entering the noon hour back under 2108.50 would still likely reverse the trend down. But entering the noon hour under 2108.50 is increasingly unlikely. The breakout”s origin prevents any extension from marginalizing sellers, so an afternoon reversal setup would be identified, too…
…Assuming the noon hour”s entry isn”t already reversing down.
