Mid-day Update… Give it a rest, already.

Still no counter-trend timing window.

This afternoon’s bias signal will trigger in more than a half-hour at 1:20. Its 2046.50 target is being tested now by more than 2 points. Entering the bias environment above its target would renew the bias-up signal. Continuing this behavior could fulfill the rally’s next higher objective at 2055.00 today.

Relentless trending is unusual. Also unusual is for the “session-long rally” setup to print fresh highs during the noon hour. One timing window should rest, if not also retrace. Now only two timing windows remain: the afternoon bias environment and the final hour.

Simultaneously overbought RSIs suggest that reacting down here would recover. A pullback during the bias environment would suggest that the final hour will probe new highs, and possibly trend up through the closing ticks. But a pullback and recovery BOTH during the bias environment would make the final hour vulnerable to reversing down.