Mid-day Update… Fair warning and false alarms.

Narrow choppy range behaving normally.

The open’s surge probed its 2915.25 bias-up signal by 2 points and still failed to trigger. It wasn’t even close, already probing 2 points under 2915.25 to trigger no-bias. And it was confirmed by a fresh post-10:15 low at 2910.00.

Which has been the session low. An offsetting test of this morning’s 2908.00 bias-down signal became “unfinished business.”

Now this afternoon’s no-bias has triggered, too. Its 2912.00 bias-down signal should define the window’s lower-end if tested. Probing it anyway — for example, down to 2908.00 — would be “no-bias trending” that requires being retraced. Probing it even deeper, to 2903.00 or lower, would still require retracing unless delayed until the bias window begins lapsing.

The narrow choppiness and unfinished business isn’t unusual for the low volume session. Trending up would be unusual, and no sell signal has triggered, but a probe of fresh highs is still possible.