Mid-day Update… BIAS-UP.

Morning’s target neutralized, new target in-play.

Although triggered late, this morning’s bias-up signal was confirmed when the market printed a fresh high above its pre-10:15 high. Its 2950.50 bias-up target wasn’t met before this morning’s bias environment lapsed, so it became “unfinished business.” Attacking it to within 3 ticks during the noon hour neutralized it. It is no longer unfinished business.

Never mind that, this afternoon’s 2946.75 bias-up signal just triggered. Its 2954.25 bias-up target is in-play. A fresh high above 2950.00 would help to confirm.

Meanwhile, back under the bias-up signal through 1:30 could invalidate the bias-up and leave no unfinished business above. Probing lower any later would otherwise likely be only temporary, unless also rejecting the 2936.50 bias-down signal.