Mid-day Update… Pausing for effect.

Narrowly sideways into and out of the noon hour.

The open’s rally made it to 2466.50. The bias environment exit needed to hold 2463.00 to maintain potential for extending up to 2471.00-2473.50. It was attacked to within 2 ticks, and the rally never resumed.

Neither has it been rejected. Not, yet.

That’s not decisive enough to confirm higher targets in-play. Or, that Thursday’s trend change won’t attract the close back under 2459.00. At least a couple of attempts to trigger a new rally leg have failed. Meanwhile, exiting the afternoon bias environment under 2463.00 would be credible for reversing momentum down.