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Pre-close View… At home within the range. – If, Then… Market Timing

Pre-close View… At home within the range.

Test of lower-end’s support is holding.

This afternoon’s no-bias environment was triggered without first testing either bias signal. But testing either one during the bias environment would still be required to define that end of the range.

A break lower did just that, holding the 2019.50 bias-down signal’s repeated testing for almost 45 minutes.

Despite hanging out down there, passing the time, the bias environment lapsing at 2:30 did not break lower. Instead, price began firming, and has extended to test the noon hour’s 2025.75 high by 3 ticks.

Maybe the firming will extend even higher. Or, not. That wasn’t accumulation at the low, so there’s no calculable upside attraction. But exceeding the noon hour’s high would next be attracted up to the morning’s 2031.50 high.

Back under 2023.00 could trigger another downleg. Otherwise, there’s no requirement to attempt trending again today.