Mid-day Update… Eke.
Firming into the afternoon.
This morning’s opening surge from 2501.00 had taken some time before extending higher. But it extended higher. The noon hour extended higher, too. Not much, but it extended higher. This afternoon’s 2507.00 bias-up signal is being tested.
Extending higher wasn’t required. And now it’s also difficult. Still testing 2507.00 at both 1:20 and 1:30 has triggered noN-bias. Which is to say that neither bias-up nor no-bias triggered. No upside attraction, and no requirement to hold resistance.
Often, the noN-bias will behave like no-bias and hold resistance. Often, noN-bias will hover at its bias-up signal to break through it when no longer no-bias trending.
Hovering at the bias signal through the bias environment lapsing often rallies, anyway. If the setup reacts down, then it should not be produced by strong hands.
