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Friday factor flush? – If, Then… Market Timing

Friday factor flush?

This morning”s recovery efforts all failed, peaking gradually higher at 2109.50-2111.00. Dropping since the noon hour has probed this morning”s low down to 2102.25.

RSIs diverged positive on the low”s retest, and the 3:10-3:20 timing window didn”t probe any lower. That makes the pattern vulnerable to a late bounce, triggered back above 2105.25.

Even if momentum does try reversing up, note that sellers did already gain traction for their efforts, no differently than yesterday — the bias environment was exited under the noon hour”s low and the final hour was entered lower.