Pre-close View… The best is yet to come?
Probing fresh highs at an appropriate time.
Overbought RSIs at the noon hour’s 2087.0 high didn’t require a retest, but they made it difficult to reverse down. Now they’ve been neutralized by fresh session highs by more than 1 point higher.
The no-bias environment is lapsing. Exiting it above all prior timing window highs on a trending session can be even more difficult to reverse down. That doesn’t prevent dips, but it makes buying dips attractive.
Meanwhile, this morning’s upleg can be duplicated on the next run, whether or not today. But that’s the second likeliest scenario compared to simply ranging flat-to-higher.
