Mid-day Update… All recovered (again) and nowhere to go.

Another dip recovered, but not reversed.

Anxiousness ahead of the post-close AAPL earnings and tomorrow’s pre-open Employment Situation report may be taking hold now. Price action for the balance of the afternoon could be paralyzed by anxiousness.

That might be an overstatement. There’s plenty of room for backing-and-filling within the existing range. Or price could hover at or around the afternoon’s 2574.75 bias-up signal which was pierced momentarily but not triggered.

Inhibition ahead of the news items can otherwise inhibit trending up. Only attack relevant levels but not yet recovering them means they held. And entering the bias environment still in negative territory is difficult to rally.

Hovering at or around 2574.75 could start breaking higher when the bias environment begins lapsing. That would be credible for extending higher. But breaking higher at all isn’t required.