Mid-day Update… Eking higher.

Dry cleaners morning not letting go.

Post-open action bounced around 2473.00-2475.75 before exiting the bias environment. Probing higher into the noon hour and out of it has extended up to 2477.00. Barely above the morning’s range, and still 2 ticks under the overnight highs.

Restrained optimism? Coiling? Probing fresh highs should be sudden, steep and substantial — almost literally exploding higher. Anything more timid would be suspicious.

Regardless, this afternoon is a no-bias environment again. Back under 2474.00 would now start to signal a probe into negative territory, whether or not brief or temporary.