Required retest of yesterday's highs is met.

Holding this morning's dip down to the 1968.50 bias-down signal had put into play an offsetting test of the 1980.00 bias-up signal. It was met before the bias environment began lapsing at 11:30.

Nevertheless, the rally dragged itself higher into and out of the noon hour. It retested the rally's 1984.25 target that yesterday's higher had fulfilled already. And at 1:20, the 1987.50 bias-up target was being met by a spikeup that has extended to 1990.50.

That's a long way from the 1959.25 overnight low. But simply opening above 1966.00 told us a retest of yesterday's highs was already in-play.

Now the retest is fulfilled.

Overbought RSIs at the high require its retest. The high has room above it up to 1992.00-1993.00 without being more than noise. Any higher would all but require extending to new highs. 

Back under 1985.00 -- especially after retesting today's high -- would signal momentum reversing down. Fast. An afternoon drop to 1974.00 and 1971.50 would become likely. And the two-week old recovery would be done.