Mid-day Update… Treading water.

Still hovering at the open’s highs.

This afternoon’s 2670.75 bias-up signal was touched in time to invoke the grace period, and then touched in time again to avoid triggering. This is a noN-bias environment. Not bias-up with a target in-play. And not no-bias likely to hold resistance.

Meanwhile, the open’s surge to 2624.00 has yet to improve. A quick pullback had recovered to touch it, and a later recovery attacked it. Its retest would be likely to break higher, but no retest is required.

So, just hovering vulnerable to reversing the trend down.Now exiting the afternoon bias environment in rally mode would be credible for extending higher. A second consecutive higher close would confirm yesterday’s breakout.