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Mid-day Update… Stuck up. – If, Then… Market Timing

Mid-day Update… Stuck up.

Still hovering off the morning high.

This morning’s 5-point reaction down from attacking 2443.00 has persisted through much of the morning’s bias environment and noon hour. Now the afternoon bias environment seems stuck.

The 2441.00 bias-up signal was tested — barely, but it has held. Back under 2437.50 would still credible for a deeper dip, to 2433.00 or 2430.50. Extending higher anyway would be no-bias trending and doomed to failure.