Pre-close View… Another brink.

Downtrending session trying to recover, or at least to hold.

This morning’s late no-bias had put into play an offsetting test of its 2199.75 bias-down signal. That was just tested as the afternoon bias environment began lapsing. And it was retested after entering the final hour.

Not entering the final hour in rally mode was vulnerable to extending the decline. Indeed, a fresh low did print. But the fresh low was isolated to the 3:10-3:20 proxy window. In fact, the window ended not only back above the prior low, but back above a prior high.

Now momentum is trying to reverse up, which would be confirmed above 2205.50 and 2207.00. Back under 2201.75 would be vulnerable to resuming the decline, or at least ending today’s session at a third consecutive brink — once again needing a gap up to marginalize sellers and avoid extending down to 2187.50.