Pre-close view… Did the last seller drop?

Closing higher would confirm.

The afternoon”s no-bias environment was triggered only ticks away from its 2089.25 bias-up signal. Often, that leaves an entire bias environment carte blanche to drop as low as its bias-down signal.

That wasn”t expected in this instance. The bullish template would not stray far from resistance while waiting for the bias environment restraint to lapse. In fact, the bias environment”s 2-point 2087.00-2089.00 range barely pulsated.

The bias environment”s exit did dip momentarily to 2085.75. The bullish template considers that to be the rubber band stretching, so it can snap back up.

Now the final hour has been entered probing higher to 2090.75. That”s a start, but it”s not enough. The bullish template all but requires trending up through the close — at least above yesterday”s  2092.75 final hour high, if not also above yesterday”s 2096.50 noon hour high. 

Ending any lower would remain vulnerable to resuming yesterday”s decline.