Mid-day Update… Stepping up.

Morning’s highs corrected, not reversed.

Holding tests of both bias-down parameters this morning put into play offsetting tests of both bias-up parameters. The path certainly was not direct, and it’s not complete, but the morning’s 2678.00 bias-up signal was probed by 1 point before the bias environment began lapsing. A test of its 2686.00 bias-up target remains outstanding.

2678.00 is this afternoon’s bias-up signal, too. The 2667.25 bias-down signal held its test to trigger late no-bias. So, 2678.00 should define the window’s upper-end if tested. It’s being attacked now to within 3 points.

Probing above the 2678.00 bias-up signal during the no-bias environment would require its retracement. Probing it to fulfill the 2686.00 objective could reverse the trend down. Before then, there’s room down to the 2662.00 area before suggesting momentum may be reversing down already.