Mid-day Update… Holding up, still.

Still testing yesterday’s highs.

This morning’s 2661.00 bias-up target had held 3 tests through 10:15 to avoid renewing the bias-up signal. Fresh highs were still likely to test what would have been its 2668.75 renewed bias-up signal. Which the bias environment exit did, up to 2671.25.

Similar to Fridays, the morning’s bias was likely to persist through the noon hour, ahead of tomorrow’s illiquidity. Reacting down into the noon hour only attacked this afternoon’s 2662.00 bias-down signal before triggering no-bias. The window’s 2671.50 bias-up signal can be tested.

Back under 2662.00 would still be credible for reversing momentum down, especially when the bias environment begins lapsing. Otherwise, fresh highs would next target 2677.75.