Mid-day Update… Ratcheting up.

Now probing Friday morning’s highs.

The open’s lower and lower lows ultimately held a test of this morning’s 2698.75 bias-down signal. Its offsetting test of the 2710.25 bias-up signal was fulfilled as the bias environment began lapsing. Price held up through the noon hour, extending flat-to-higher. Now Friday morning’s highs are being probed up to 2717.25.

This afternoon’s 2713.00 bias-up signal has triggered, putting into play its 2719.00 bias-up target. Friday morning’s “unfinished business” at 2719.25 would be neutralized there, too.

Nothing requires meeting either target today, or extending even high if met. RSIs are overbought at the high, so a reaction down would require being recovered. A reaction has room to 2711.00 before suggesting a more substantial detour down is underway.