Pre-close View… Gap filled.

Yesterday’s close(s) being retested, and being resistance.

REMINDER: THERE IS NO SATURDAY REVIEW THIS WEEKEND. THE POST-CLOSE MARKET WRAP WILL BE EXTENDED TO REVIEW THE BIGGER PICTURE.

This afternoon’s no-bias was entered by dipping to 2129.25-2130.00 and then snapping back up. The rubber band stretch quickly extended to probe the noon hour’s 2133.50 high by 3 ticks. It was too late to trigger bias-up, so the 2133.75 bias-up signal held as resistance.

And held.

Until the bias environment began lapsing, and then the rally resumed. The gap back up to yesterday’s 2135.00 cash session close was filled, and now the 2137.00 futures close is being attacked to within 3 ticks.

Expiration sessions can trend relentlessly from open to close. I’m irritated at (myself for missing) this session being able to do that, when two of the usual elements weren’t present. I would still be cautious as those elements aren’t present, and now natural resistance of unchanged is being tested. If the rally were going to turn positive, then it should extend at a much steeper slope.