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Pre-close View… Back to that corner. – If, Then… Market Timing

Pre-close View… Back to that corner.

Recovery attempt should fail here, if at all.

Exiting this morning’s bias environment under the open’s low completed a rejection of the interim probe above yesterday’s high. This is a bearish setup, likely to resolve down over the course of several sessions.

The burden of proof is now on buyers to recover the interim probe’s 2186.75 high through the close. Exiting the afternoon bias environment above the noon hour’s 2182.00 high did create potential for buyers to gain traction. Trending up through the 3:10-3:20 proxy window would confirm.

Otherwise, reversing back down under the noon hour’s 2177.50 low is likely this afternoon or tomorrow morning, extending much more substantially into Friday morning.