Mid-day Update… Still holding up, and held-up.

Fluctuating back up to the morning’s high.

This morning’s 2588.75 high was also a buy signal, which was only touched and not triggered. Its resistance reacted back down to 2577.50 before the bias environment lapsed. The noon hour’s entry quickly recovered 2588.75, and the noon hour’s exit is still fluctuating around it.

But now 2588.75 is this afternoon’s bias-up signal. And it held as resistance through 1:30 after invoking the grace period, triggering a late no-bias environment. Resistance is likely to hold, but recovering 2590.50 would be credible for extending higher anyway. It would be “no-bias trending” and require being retraced, unless the signal were delayed until the bias environment had begun lapsing.

Meanwhile, back under 2585.25 would start to signal a deeper dip with potential down to this afternoon’s 2576.00 bias-down signal.