Pre-close View… Bullish WedEX’d?
Downside momentum absorbed, but not yet reversed.
In Friday, it’s very difficult to reverse from exiting the afternoon’s bias environment beyond all prior intraday timing window extremes. Problematic for a bullish WedEX to absorb, let alone to reverse up.
Today’s bias environment exit narrowly avoided that.
A fresh low had printed 2069.50 just 1 minute away from coming within 10-15 minutes of the bias environment lapsing. That didn’t prevent exiting the bias environment at 2:30 back above an interim high, attacking 2073.00.
That was 25 minutes ago, and the final hour’s entry is just minutes away. Aggressively surging higher would help to confirm the bullish WedEX’s influence — extending to 2074.00, and through 2076.00 during the 3:10-3:20 window would be optimal.
