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Pre-close View… Holding up. – If, Then… Market Timing

Pre-close View… Holding up.

Sideways into the close?

The afternoon’s 2266.50 bias-down signal was being tested when the bias environment began lapsing an hour ago. It no longer needed to define the window’s lower-end. Yet, despite not bouncing out of its test, 2266.50 has continued holding as support.

And now the 3:10-3:20 proxy window has lapsed without breaking lower, or bouncing. The market seems comfortable where it is, hovering under the 2270.00 upside potential, probed only once as the bias environment began.

A deeper pullback remains possible, with plenty of room below before failing to produce a new high close. That would neutralize the only remaining “unfinished business above,” except for overbought RSIs at the high. The 3-minute RSI wasn’t actually overbought when its high bar finished forming, so even that doesn’t require a retest.