Mid-day Update… Creeping along.

More upside objectives in-play.

Finally rallying out of the open’s 2828.50-2831.00 range attacked the 2836.00 overnight high to within 2-3 ticks. Bias-up triggered late, putting into play 2837.50. And then price dipped back down to 2828.50.

Sellers had all morning to actually reverse price down, if they were able. But they couldn’t and didn’t. Their break under 2831.00 didn’t extend beyond its room for noise below. The only attraction is higher, so buyers get a benefit of the doubt.

In fact, rallying again since noon has attacked the 2836.00 overnight high to within 1 tick. That triggered another bias-up, putting into play 2838.50.

Back under 2831.00 would still be credible for producing a detour down. But a more credible sell signal will be available after upside objectives are met.