Pre-close View… Escaping disaster?

Relentless drop finds a bid.

Extending down to and through the afternoon’s 2125.25 bias-down target to 2121.75 has been recovered back up to 2131.00. That was this afternoon’s bias-down signal, which officially did not trigger, making the probe under it “no-bias trending” that required being recovered.

That was officially, although it was by the grace of a single tick, which had disappeared one minute later. One tick, one minute earlier would have been noN-bias, which often retraces the bias signal, anyway.

Now the position-squaring window is opening at 3:37-3:52. And a bounce just neutralized a possible upside attraction. Left outstanding below is oversold RSIs. Back under 2127.25 could trigger another downleg to fresh session lows. Otherwise, extending the bounce would next target 2136.00.