Mid-day Update… Standing pat.

Still hovering just under yesterday morning’s high.

This morning’s rally from 2827.00 to 2842.00 hasn’t really advanced since then. Flat-to-higher ranging briefly touched 2843.00, but also failed to trigger this afternoon’s 2841.00 bias-up signal.

The rally also hasn’t reversed down. It’s free to do so, at any time. NOT yet reversing down during the bias environment, or at least dipping to its lower-end, would become likelier to break higher as the bias environment lapses. Any fresh high at any time could still be a false break, and a retest of the morning lows is entirely possible.

Only entering the final hour above yesterday’s ~2844.00 high would be credible for avoiding another downleg before the close. Just closing above 2833.50 would keep alive yesterday’s Isolation setup, but closing above yesterday morning’s high would be optimal.