Pre-close View… Big target met.

Never underestimate Friday trending.

A bullish Brexit reaction would have targeted 2125.25. Retesting the pre-Brexit high has targeted 2125.25. The interim reaction down never affected the patterns which produced that calculable objective.

2125.25 was just met. Its test neutralized overbought RSIs at the prior high — now 1-minute RSI is diverging negatively. And the test is reacting down.

2125.25 was met on a very extended buy signal. It was triggered above 2111.75 when the morning bias environment was entered near the apex of a Symmetrical Triangle.

The bias environment exit was above all prior highs, which is nearly impossible to reverse down on Fridays. Back under 2122.50 might fit in a dip to 2119.00 or 2117.25. But this is the week’s most difficult time to attract counter-trend sponsorship — a dip is only viable because of all the buying pressure satisfied at 2125.25.