Pre-close View… Holiday drift.

Columbus Day hasn’t discovered new sponsorship.

Rallying overnight and gapping up to the renewed bias-up target may have scared away new sponsorship. It certainly hasn’t attracted any. Neither buyers, nor sellers, as the reaction down held the afternoon’s bias-down signal in a no-bias environment. And the range has only narrowed since the bias environment started lapsing.

And there’s no sign of that changing today. There’s certainly no such requirement.

Hovering at or just above last week’s highs into the close won’t produce a decisive break higher — not like the open’s gap up had suggested. And that wouldn’t confirm what the open’s gap up had suggested.

But a target was just met at the afternoon’s 2156.50 low, and the position-squaring window has opened. Surging through 2158.75 would be credible for extending higher into the close.