Mid-day Update… New highs, done.

Opening surge’s correction resumes the rally.

The open’s surge to attack 2870.00  had room for a pullback down to 2864.00. Its test became likelier the longer a pullback was delayed without resuming the rally. Finally, the bias window began lapsing at 11:30 with a dip to 2864.00, satisfying the objective.

By noon, fresh highs were attacking 2872.00. The noon hour extended to 2874.00.

Which fulfilled this morning’s 2873.00 renewed bias-up target, although that wasn’t required. It’s also this afternoon’s bias-up signal, and didn’t trigger.

Meanwhile, the 2873.00 bias-up signal should define the no-bias window’s upper-end if tested (it’s being tested). Probing above it anyway would be “no-bias trending” that requires being retraced to at least 2873.00.

Just hovering at or around 2873.00 until the bias window begins lapsing at 2:30 would become likely to resume the rally. Its next higher resistance is 2879.25 with potential to 2883.00. Regardless, back under 2869.25 would start to signal momentum reversing down.