Pre-close View… Detour down done.

PROGRAMMING NOTE: Today’s post-market Wrap will be held a half-hour early, beginning at 3:33pm ET.

This afternoon’s 2260.25 bias-down signal had held two tests during the noon hour, and did not trigger. A pattern had formed suggesting a break lower anyway, with room to the afternoon’s 2254.25 bias-down target.

A break lower quickly slid to 2252.75. But every bar probing under the 2254.25 target also overlapped it. No lower target was put into play. No lower target, but an objective was created — oversold 1-mijnute and 3-minute RSIs at the low require its retest.

Maybe later. The break’s timing makes it “no-bias trending” that requires retracing at least the 2260.25 bias-down signal. Currently, it’s being attacked to within 2 ticks, which is 1 tick more than necessary to neutralize satisfy the requirement. There’s also potential to the 2263.25 1:20 print, and then higher.

Maybe later. The 1:20 print is often retested, too, but not always. Back under 2256.25 would target fresh session lows. And that would likely also test oversold RSIs at yesterday’s 2243.00 low.