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Pre-close View… Getting late for a bottom. – If, Then… Market Timing

Pre-close View… Getting late for a bottom.

Chipping away at the afternoon bias environment’s support.

The noon hour touched this afternoon’s 2076.25 bias-down signal but held it easily through 1:20 to trigger no-bias. Bouncing to attack 2083.00 resolved down to fresh lows at 2075.00. Ranging back up to 2080.00 has resolved down to 2073.00.

And now the final hour is being entered. Fresh lows are printing. There’s one more opportunity to trap shorts by isolating the afternoon’s chipping away at support.

Entering the position-squaring window around 3:37pm above 2077.50 or 2078.50 would be vulnerable to a squeeze. Otherwise, the decline from last week’s highs can carry through tomorrow morning.