And not a minute too late… Well, maybe a minute.

Reaction down is trying to recover.

The reaction down from 2040.25”s target extended to 2032.00 as the bias environment began lapsing. Even then, the bias environment exit was above the noon hour”s 2029.75 high.

The final hour was entered around 2036.00. That”s not at all above the bias environment”s high, which would have confirmed buyers gaining traction for their effort.

That”s okay, or could be. The 3:10-3:20 timing window can serve by proxy. It just opened, 6 ticks under the high. Fresh session highs at 3:20 would confirm the bias environment”s exit. 

Nothing would be implied from not confirming. But no particular upside action would be required, either.