Pre-close view… Handstands on the precipice.

Probing fresh session lows.

Already reacting down from 2053.00, tThe reaction to FOMC Minutes extended down to 2046.00. And that soon began sliding to 2036.00.

The drop didn”t probe fresh session lows until after the bias environment had begun lapsing at 2:30. A modest bounce did not recover the session”s prior low going into the final hour. But now a bigger bounce seems to be doing that through the 3:10-3:20 timing window.

Well, into the timing window, at least. Exiting the 3:10-3:20 timing window back under 2043.00 would be a clear rejection of the recovery attempt. A steep and substantial dive into the close would be the likely consequence.

Otherwise, extending above 2049.25 at any time would be credible for rallying into the close, instead. And a recovery from here could go a long way.