Pre-close View… Either, or.
Lower and lower lows.
Each of today’s timing windows has probed lower. Relentless intraday trending can be reversed, if the bias environment exit retraces the last timing window’s move.
The bias environment began lapses between 2:30-3:00. Recovering from the 2155.75 low to enter the final hour back above 2161.00 would be rewarded by probing fresh session highs.
Meanwhile, the bias environment began lapsing under the noon hour’s low. Entering the final hour under the bias environment’s 2155.75 low would give sellers traction. And the next lower objective would be the 2148.00 area.
