Mid-day Update… Sellers staying silent.

Rally persists.

This morning’s rally extended to 2663.00 before reversing again down to 2652.00. But it was only a correction, and the noon hour largely recovered. Fresh highs into the afternoon bias environment probed the 2666.00 bias-up target to 2668.75.

A corrective rally off of yesterday’s lows has room up to 2677.00. Will it all be exploited? Today? Almost any fresh high would be likely at least to resume the rally.

Meanwhile, RSIs that were originally overbought when the rally peaked a half-hour ago have since diverged negatively. Back under 2664.00 would target a test of the 2659.25 bias-up signal, and then lower after the bias environment begins lapsing.