Still ranging as the bias environment lapses.

Time to move on.[pay]

This morning’s bias-up environment is now lapsing. The open’s 1323.50 high was retested a half-hour ago. It is being retested again now.

This should be “the” leg that finally extends to retest the 1324.50 pre-open highs, and probably also the 1325.00 bias-up target.

The deeper dip and the delayed resumption may have refueled buyers to extend through 1325.00 to confirm the 1338.00 target is in-play.

Entering or exiting the noon hour back under 1321.00 would instead signal buying pressure was fully expended.

[/pay]