Have the morning’s buyers rested?

Window opens for final hour surge.

This afternoon”s no-bias environment ranged sideways, as no-bias environments should. Neither of its bias was touched prior to the 1:20 bias timing window. Neither of its signal was touched prior to the bias environment lapsing at 2:30. And still the signals remain untouched upon entering the final hour.

Is something happening beneath the surface that isn”t obvious above it? Buyers didn”t gain any traction on the bias environment”s exit, which was within the noon hour”s range. But the final hour”s entry is at least piercing the upper-end of both. 

Extending to fresh session highs above 2112.75 through the 3:10-3:20 timing window would get a benefit of the doubt for gaining traction. The balance of the session would be likely to extend higher into the close.

Otherwise, there is no bearish consequence to not extending higher this afternoon. A dip might target 2106.50, but not necessarily fresh lows. And tomorrow”s session would still be vulnerable to rallying.