Mid-day Update… Creeping down.

Sitting at support.

Yesterday afternoon’s pullback objective was 2171.50. The effort stopped short before the close, and took awhile restarting this morning. But 2171.50 was touched at this morning’s low.

And has since held.

The noon hour bounced to 2176.00 and the bias environment is within 1 tick of 2171.50. Being no-bias, the 2107.75 bias-down signal should define the low if tested… until the bias environment begins lapsing.

Breaking lower as the bias environment lapsing comes into view would essentially target a retest of Friday’s 2157.50 low. Breaking lower prematurely should at least tag-up with the bias-down signal before extending. That tag-up could recover, instead.