Pre-close View… Bucking the trend change.

The morning surged. Not throughout the bias environment, but the surge held up. The bias environment was exited with a last blip-down to 1956.00, which recovered up to 1962.00 during the noon hour. That formed a running correction.

Surging into a running correction is one thing. Surging into a running correction and then surging out of it is another. Those there stages are often followed by a fourth stage that plateaus.

Despite triggering its 1962.00 bias-up signal, this afternoon’s bias environment formed a plateau, while fulfilling its 1969.25 bias-up target. That’s four stages, and the fifth stage is very reliable for trending.

In which direction is a different matter.

Entering the noon hour above 1970.00 would suggest the plateau had given way to another rally leg. Back under 1966.75 would be likelier to retrace the running correction, or lower.

Probing 1970.00 10 minutes before the final hour osprobing 6 ticks above the plateau. It gets every benefit of the doubt. But back under 1966.75 would signal momentum reversing down instead.