Pre-close View… Drifting is done.

Barely bearish, late, passive WedEX is only flickering.

Big things often come in little packages. The disproportionality of this is extreme.

Wednesday’s close was overlapping 2082.50 prior highs, leaving it to Thursday’s open for completion of the setep. Without rallying, the signal wasn’t bullish. Dipping immediately would have been bearish. Thursday’s open ranged narrowly sideways.

Bearish by default.

Its influence might not be responsible for this afternoon having probed fresh intraday lows. It’s probably not responsible for the downtrend underway since this morning’s bias signal triggered. And its influence isn’t undoubtedly responsible from above the 2082.50 prior highs — which is still 2-3 points lower.

But now the bias environment has begun lapsing. Volatility should start expanding. Trending down under 2082.50 would be credible for extending down through the close. Entering the final hour above 2089.25 would start to suggest the session will instead rally through the close.