Exiting the bias environment at

Exiting the bias environment at 2:30 above the noon hour”s high didn”t attract new sponsorship to extend the rally. But neither was the rally invalidated, although overbought RSIs at its high were neutralized into Monday”s close.

There”s no requirement to extend higher Tuesday, only a likelihood, presumably begun by gapping up above 2100 if not also above 2105.50. The seemingly infinite loop of on-again/off-again new highs is on-again, although the origin now is the weakest, yet. The attraction to new highs is being challenged more than ever by a growing attraction below. That attraction could wait to force a collapse from new highs.

Details and other markets coverage were discussed during the post-market Tour, recorded here:

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