Mid-day Update… Hasn’t slowed.

Fresh highs into, during, and out of the noon hour.

This morning’s bullish setups were all influential to absorbing the open’s attempts to reverse down. And the bullish setups were all influential to probing or trending higher this morning. And the bullish setups were all satisfied by noon.

But the rally kept on.

Now this afternoon’s 2562.25 bias-up signal has triggered. Its 2569.25 bias-up target has been attacked to within 2 points. It should be attacked to within 3 ticks at 2568.50 — perhaps up to 2570.00 — before a sell signal can be reliable.

Closing above the 2548.00-2555.00 range would next target 2606.00. Closing under the range would signal that upside momentum had lapsed. If the latter, then I would expect the close to be under Friday’s 2539.00 high to avoid confirming its breakout.