Trending up into another bias window.
Compensating for this morning’s delay.
[pay]It was time to “move on” when the morning’s bias environment started lapsing at 11:30 back under 1323.50. That time has been used well, fulfilling the 1324.50 pre-open high’s retest, along with this morning’s 1325.00 bias-up target.
1-minute RSI had diverged negatively while 3-minute RSI struggled at overbought. But the noon hour absorbed the setup by ranging narrowly for an extended time.
Now the noon hour’s exit has surged to 1327.75. This afternoon’s 1325.00 bias-up signal is likely to trigger. And the trend remains up so long as pullbacks hold any test of 1326.00 as support.
Back under 1325.00 by more than 2-3 ticks would signal momentum reversing down.
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