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Pre-close View… Deer in headlights. – If, Then… Market Timing

Pre-close View… Deer in headlights.

Target met, and action stopped.

The noon hour’s test of the 2185.00-2186.00 target was reversed quickly, and ultimately down to 2180.50.

Greeting tomorrow’s session from closing under 2180.00 would be optimal for the afternoon’s bearish WedEX influence. Closing higher today wouldn’t prevent afternoon weakness tomorrow, but it would likely limit it.

Meanwhile, back above 2184.25 today would make the high’s retest likely. And there’s probably too little time for that to reverse back under 2180.00.