Mid-day Update… Shallow dips, shallow blips.

Brief fresh high only attacked yesterday’s.

This morning’s gap up back to late yesterday’s 2790.00 sell signal was retraced back down to its 2786.25 target. Natural support from the gap-fill back to yesterday’s close defined the bias environment’s lower-end, until the bias environment began lapsing.

Like yesterday, a rally leg has inserted itself between bias environments. Surging out of the morning’s bias environment peaked at 2794.00, attacking yesterday’s high to within 1 tick. The noon hour didn’t extend any further, and this afternoon’s bias-up signal failed to trigger.

A clean no-bias triggered. The bias environment should be defined by either 2787.00-2793.00 bias signal if tested.

Meanwhile, “unfinished business below” is at this morning’s 2782.00 bias-down signal. I’m otherwise a little suspicious about near-term weakness since yesterday’s high was only attacked and not pierced. But I’ll still take seriously a break lower coming out of the bias environment.