Mid-day Update… Time to duck?

Upside fulfilled without higher targets in-play, news looming.

Having renewed its bias-up signal, and despite already fulfilling its 2095.00 renewed bias-up target, fresh highs were likely to test the 2099.50 doubly-renewed bias-up target.

2099.50 was this morning’s high, touched twice before noon. The reaction down is attacking 2095.00.

Having fulfilled the upside target and held it, the balance of the session may very well focus on the coming Brexit/Bremain vote results, and only range choppily. Any advance news that suggests Remain will win could trigger another upleg anyway.

Whether in anticipation of Remain or in reaction to it, higher highs have potential to 2015.00. Otherwise, back-and-filling still has room down to 2088.00. Back under 2084.00 would start to signal a more substantial decline underway.