Mid-day Update… And a reminder.

REMINDER: Join us in the chaRTroom after today’s close at 4:30 ET for a special introductory overview of the If Then method. It’s onboarding for newer subscribers, a refresher for seasoned subscribers, and a good opportunity to focus on strategy and tactics as market volatility begins heating up again…

This morning’s 2811.25 bias-up target was barely exceeded at 10:15 to renew the bias-up signal. But it didn’t hesitate proving itself out, extending to fresh highs before 10:30. Then through the 2818.00 renewed bias-up target. And higher.

The bias environment began lapsing at 11:30 near 2824.00.

Reacting down to 2817.50 during the noon hour has recovered to test the afternoon’s 2723.00 bias-up signal. It wasn’t exceeded, triggering late no-bias. Which doesn’t prevent probing higher anyway, but probing higher anyway would likely reverse back down sharply.

Back under 2819.50 at any time would already signal momentum reversing down. Nothing requires retracing all of today’s rally, but its possibility is among the afternoon’s templates.