The dominoes start to fall (up).

This morning”s 2082.50 bias-up target was touched, fulfilling the buying pressure that created it. Its reaction down tested the 2077.50 bias-up signal as support. And still being a bias-up environment, the bias-up signal”s support held.

Now the bias environment has lapsed into the noon hour. 

The morning”s high was attacked to within 3 ticks. Confirming the rally will resume today would require probing fresh session highs during the noon hour, and exiting the noon hour above the morning”s highs.

Back above 2081.00 would be credible for resuming the rally. But that must happen quickly, or else the next window would be delayed until after the afternoon bias environment begins lapsing at 2:30.

Meanwhile, there”s no bearish reason for this morning”s test of last week”s high. And accumulation has been active — yesterday”s final hour dip, the two pre-open dips, the post-open dip… not to forget Friday”s Globex dip… each recovery to fresh highs suggests that sellers aren”t yet able to retake control.