Pre-close view…Holding on for dear life.

Did avoiding bias-down only delay a deeper down?

This afternoon”s 2073.00 bias-down signal was still being tested at 1:20 and 1:30 both to avoid triggering, and to avoid being rejected. The noN-bias environment ranged choppily sideways around 2073.00.

Then the bias environment started lapsing. But the drop didn”t resume, instead retracing up to 2077.00 into the final hour. Another couple of points have been added.

Closing above 2077.00 would position the market for the potential to isolate today”s decline, and to launch another recovery tomorrow. Closing under 2073.00 — or gapping down under 2073.00 tomorrow – would be likely instead to resume this morning decline to 2067.00.