Toe-hold, or toe caught?

Prior high”s retest is pushing back.

Thursday and Friday”s upside attraction at 2112.75 was never touched. Not until this morning, during fresh highs after the bias environment began lapsing at 11:30.

Probing back into the rang at noon undermined that breakout”s momentum. And the noon hour”s first half has slid to 2107.00.

The reaction could extend down another 2-3 ticks, and still be only noise within the noon hour”s noisy range. Back above 2110.25 would start to signal the drop had ended. Recovering 2113.50 through 1:20 would trigger bias-up.

Generally, resuming this morning”s recovery would need to avoid triggering bias-down. Preferably, bias-up would trigger, or at least be recovered coming out of a no-bias environment.