Pre-close view… Constructive pessimism?
The bias environment probed under the noon hour”s 2078.50-2082.00 range, but was exited back above its low. The final hour was entered under the noon hour”s range, but above the bias environment”s low.
The 3:10-3:20 timing window can be a tie breaker.
Trending down under the bias environment”s 2076.75 low would be vulnerable to attacking session lows — which isn”t much, possibly just to 2073.00. Just trending up above 2081.00 by then would be likely to extend higher through the close.
