Mid-day Update… Catching up.

Bias-up target exceeded.

Exceeding this morning’s 2084.50 bias-up target through 10:15 would have renewed the bias-up signal. It wasn’t exceeded. It was still a bias-up environment and vulnerable to extending higher. But not likely.

In fact, higher and higher highs each reacted down, first to overlap 2084.50, and then to test it as support. Finally, it was attacked to within 2 ticks before entering the noon hour.

The bias environment has lapsed, and the noon hour is probing fresh highs up to 2090.00. Overbought RSIs are protecting against a durable reaction down. Anyway, o\ne more domino has yet to topple as described during the pre-open Tour — retesting Thursday night’s 2094.75 high.