Pre-close View… Don’t look down.
Fresh highs withstanding rejection.
The afternoon’s 2083.00 bias-up target wasn’t exceeded through 1:20, so no higher target was put into play. But it was still a bias-up environment, and fresh highs were probed up to 2088.75.
The bias environment started lapsing at 2:30 back in the noon hour’s range. That could have become very bearish if the final hour were entered back under the bias environment’s 2081.25 low.
But lower lows were avoided, and the final hour was entered back at the bias environment’s high.
That hasn’t yet extended higher, or reversed down. But not exploiting that window’s reversal opportunity should be rewarded by higher highs. Breaking lower anyway would be likely to recover.
