Mid-day Update… Still upticking.
Afternoon bias-up triggered.
That potential up to “higher prior lows” at 2775.00? It was met before the bias environment was even within view of lapsing — 10 points ago. The noon hour was entered at 2781.00, this afternoon’s 2782.50 bias-up signal has triggered, and fresh highs are testing 2785.00. The 2788.00 bias-up target is in-play.
The nearest sell signal would trigger under 2780.50. Which is pretty aggressive, especially for this being a bias-up environment. But as extended as today’s rally has become, any stumble would suggest a deeper detour underway, perhaps only to test this afternoon’s 2774.75 bias-down signal.
Meanwhile, upside momentum remains intact. And fresh highs since 1:20 should at least require any pullback to recover.
