Optimistic ahead of the news.
Afternoon ranging is trying to end on a high note. Again.
The noon hour”s dip to 2048.50 was recovered back to this morning”s 2055.0 high during the bias environment. It was even probed by 3 ticks.
But it reacted down to 2051.00 before the final hour began. And both the bias environment exit and final hour entry were within the noon hour”s range.
Even the 3:10-3:20 timing window ranged narrowly.
But a later surge has extended up to 2058.00. This is entirely in-line with my expectations for optimism ahead of tomorrow”s report. There is no requirement after the close.
