Mid-day Update… Counting down to closing up.

At least a probe of fresh highs is likely.

Testing the 2733.00 bias-up target became likely when the 2727.75 bias-up signal triggered. Also testing the 2734.75 Globex high became likely upon getting back into its orbit at 2733.00. Both were done before the morning bias environment lapsed.

The noon hour dipped to 2731.00, and then back up to 2734.25. Now the afternoon has triggered no-bias. But Friday Factors open the door to simply drifting higher during the afternoon. That would have been more reliable had fresh highs been probed this morning. But exiting the bias environment at 2:30 above the morning’s highs could still extend.

Until actually probing a fresh high, and maintaining it, there remains nearer-term risk of reversing back down to fresh session lows.