Mid-day Update… Trending attempt #2.

Bias-up triggered.

This morning’s gap down extended lower only to attack yesterday’s lows, let alone the overnight lows. But the morning remained within yesterday afternoon’s range, until the bias environment began lapsing.

And it has been straight up since then.

Holding a test of this morning’s 2582.75 bias-down signal had put into play an offsetting test of the 2589.25 bias-up signal. Its attraction finally created a break above yesterday afternoon’s highs. Which led to a test of this afternoon’s 2588.25 bias-up signal. It triggered, putting into play its 2594.50 bias-up target.

There’s no fresh high since before 1:20, and price has been fluctuating around 2590.50. So, upside momentum may take another pause like this morning’s bullish setup. There’s room down to 2586.00 before reversing the trend down. But resuming the rally could probe fresh highs up to 2600.75.