Pre-close View… Hold out.

Backing-and-filling is done. Is rallying resuming?

The noon hour’s touch of this afternoon’s 2178.00 bias-up signal held. Lacking a fresh high, the door opened to a deeper pullback. No one stepped through.

Backing-and-filling into the the bias environment’s exit touched only 2175.00. Another 2-3 ticks lower would have extended the drop another 2-3 points, and possibly lower.

Instead, a surge just touched a fresh high at 2178.50.

The surge began during the 3:10-3:20 timing window. It had reacted back down into the range by 3:20, so there’s no assurance that any new sponsorship will arrive before the close. Regardless, the burden of proof is on sellers,

If sellers don’t arrive soon, then this will be a new trend high close on a Friday. And that would require there being at least an eventual higher close.