Pre-close View… Deadline met.

Air pocket plunges to fresh session lows.

This afternoon’s 2084.50 bias-up signal was invalidated. It was productive after 1:20, all the way up to 2088.25. But the signal’s last relative low at 2082.50 was retraced as the bias environment began lapsing at 2:30. There is no unfinished business above.

The retracement was part of the air pocket described in the prior blog post. Triggered under the 2084.00 area, its follow-through has barely hesitated on the way to probing fresh session lows.

That probe has come within 2-3 ticks of fulfilling this morning’s “unfinished business below” at its 2075.50 bias-down target. Meanwhile, 1-minute RSI diverged positively. There is no unfinished business bellow.

Trending down to fresh session lows through the 3:10-3:20 timing window could be very bearish for next week. Otherwise, drifting higher into the close would not have any predictive value.