This next step could be big.

Noon hour”s bounce held up into the afternoon.

This is a no-bias environment. Neither bias signal was touched by 1:20. Only due to a very last-minute 4-point surge was the 2010.25 bias-up signal even attacked. But it was only attacked within 3 minutes of the 1:20 bias timing window. So, this is a no-bias environment.

That could have been invalidated by exceeding the 2010.25 bias-up signal through1:30. It was touched by then, but not exceeded. So, literally as much buying pressure has been expended as is possible to expend without signaling an actual break above resistance.

So, the 2010.25 bias-up signal is the range”s upper-end, at least until the bias environment comes within view of lapsing at 10-15 minutes before 1:30. Meanwhile, back under the 2006.00 area would start to signal momentum reversing down.

Exceeding either could extend through the close, and into tomorrow morning. Exceeding the 2010.25 bias-up signal too soon would be problematic for being “no-bias trending” that requires being retraced. But a there is plenty of room to fall before threatening this afternoon”s bias-down signal at fresh lows.