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Mid-day Update… Climbing gingerly. – If, Then… Market Timing

Mid-day Update… Climbing gingerly.

Fresh highs consolidating narrowly.

This morning’s late bias-up signal triggered at 2176.75 and extended higher relentlessly until within 2 ticks of its 2182.25 bias-up target. Consolidating until the bias environment began lapsing was resolved up to another fresh high at 2184.25.

That’s still under the 2185.50 “unfinished business above.” Two hours of a narrow 2-point range since then hasn’t extended the rally. But neither has it been rejected.

I probably won’t have any sell signal ready to exploit potential downside. At this time, it looks like that would be only temporary, before recovering to a fresh high.