Mid-day Update… Tough to stray.

Finally probing the range.

The sideways overnight 2632.00-2645.00 range didn’t break either way, not before the open or after it. Post-open trending has been contained within the range. It’s always difficult to start trending from a standing stop.

Which isn’t to say that the range’s ends aren’t being tested. Support at 2632.00 was tested twice during the open’s bias timing window, and touched during the noon hour. Each window isolated its test of 2632.00. Until the noon hour, whose probe under 2632.00 was extended down to 2626.00.

That fulfills this afternoon’s 2627.25 bias-down target. It held through 1:20 to avoid renewing the bias-down signal. There’s room for noise below to also test 2625.00. Again. And potential for retesting 2625.00 to also visit 2605.00.

Meanwhile, unfinished business at this morning’s 2650.00 bias-up target would be the likely reward for any recovery. Room for noise above it to 2656.00 or 2666.00 would maintain the trading range, and also not yet signal it is resolving up instead of down.