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Pre-close View… Back-and-forth Friday. – If, Then… Market Timing

Pre-close View… Back-and-forth Friday.

Trending wasn’t likely, and extending down wasn’t likely. So, once this morning’s noN-bias environment began lapsing, price could hardly wait to leave the lower-end of its range testing 1929.00 for the upper-end up to 1945.00.

Then came the afternoon’s no-bias environment. The 1944.75 bias-up signal’s retest reacted down to 1935.50. Trending was still unlikely, and sellers were still unlikely to regain control, so the dip was largely recovered into the final hour’s entry.

Probing fresh highs momentarily was retraced back under the 1944.75 bias-up signal. But not retraced entirely before the 3:10-3:20 timing window had elapsed. That slight delay may have prevented the balance of the session from sliding even more deeply, instead of just narrowly ranging choppily into the close.