Pre-close View… Expiration in control.

REMINDER: MARKET WRAP BEGINS AT 3:33pm ET.

The 2260.75 bias-down target would have required a test had the 2266.00 bias-down signal triggered. This is despite having tested 2260.75 already during the noon hour. Bias-down didn’t actually trigger since it was still being tested both at 1:20 and 1:30. But the noN-bias environment tested 2260.75 anyway.

Bouncing from there is now testing 2266.00 as resistance. Each afternoon bias environment exit since last Friday has rallied into the close. Today may be an exception if 2266.00 holds its test. Back under 2263.00 would instead trigger another downleg.

The open’s uptrending didn’t prevent the noon hour’s drop. So it won’t necessarily prevent a closing drop. Resuming the rally would target fresh session highs above 2272.75. Resuming the decline would target yesterday’s 2253.00 low.