Mid-day Update… Settling in.

Hovering above yesterday’s highs.

Moments after sending my last blog update, a surge to fresh session highs attacked 2845.00. Fresh highs were expected, even if done as no-bias trending, which would be doomed to failure. That would require at least retesting the morning’s 2839.25 bias-up signal as support, if not also the 2837.50 10:15 print.

Both were tested before noon. And they’ve held since then.

Relatively narrow choppy sideways ranging supported by 2837.50 has persisted into and out of the noon hour. Neither afternoon bias signal was touched before triggering no-bias. Back above 2840.50 could extend to fresh session highs at 2847-2848. Back under 2837.00 could launch another downleg — although first neutralizing overbought RSIs at the high would be helpful.