Mid-day Update… Running on fumes.

Mission now is to hold up through the close.

The morning’s bias environment was entered in reaction down from having tested its 2465.75 bias-up target. The pullback reaction only attacked its 2462.00 pullback limit where any deeper would have reversed the trend down. Overbought RSIs attracted price back up to fresh highs.

The fresh highs tested this afternoon’s 2467.75 bias-up signal. At 1:20 and still at 1:30. So, this is now a noN-bias environment. Not a bias-up with a required target. And not a no-bias unlikely to probe higher.

noN-bias often behaves like a no-bias, and then like bias-up when the bias environment lapses. That’s if the bias environment is spent hovering around the bias-up signal. Often enough, noN-bias reacts sharply toward the other bias signal.

Back under 2465.50 would start to signal momentum reversing down. There would be potential down to the 2462.00 bias-down signal, but no requirement to hold it. The only requirement outstanding is for a new trend high close — maybe today.