Mid-day Update… Slow-play, or slow day?
Still hovering at the highs.
This morning’s 2803.00 renewed bias-up target was attacked to within 3 ticks several times, twice to within 1 tick. And now it’s being attacked again, this time during the afternoon’s bias environment.
This afternoon’s bias-up signal is 2303.75, and it didn’t trigger in time to signal bias-up. So, it should define the window’s upper-end if tested. Probing above it during a no-bias environment would require its retracement, potentially down to the 2798.00 1:20 print.
A reaction down would have room to the 2790.75 bias-down signal. Nothing requires trending at all for the balance of the session, but the last 60-90 minutes can be vulnerable to reversals.
