Mid-day Update… noN-bias trending makes a comeback.

SPECIAL NOTE: I’m unavailable during today’s noon hour, and will return soon after… until the final hour.

Still touching the 2089.00 bias-down signal at the end of its grace period had triggered noN-bias, removing bias influences from the morning. Meanwhile, probing fresh highs and exiting the bias environment above 2089.00 goes a long way to marginalizing sellers.

The 2089.00 bias-down signal was recovered too late to require an offsetting test of the morning’s 2099.75 bias up signal. But recovering much more is hampered by timing — yesterday afternoon’s rally didn’t gain traction and today’s open didn’t gap up, so actually rallying above yesterday’s high would be suspicious until the afternoon bias environment begins lapsing. The impending 2:00pm Beige Book release might help to inhibit trending meanwhile.

Extending higher appropriately would target new highs, essentially 216.00-2018.00.That said, back under 2089.00 would target fresh session lows, unless the break were recovered before exiting the noon hour.