Pre-close View… Hope springs.

Support bounce gets carried away.

RSIs improved into the noon hour’s test and retest of 2160.00. Its test Friday afternoon had ended a multi-session decline, and launched a substantial corrective bounce. Its retest is vulnerable to extending down, and likely to extend down eventually.

Not today, apparently.

Exiting the bias environment above the noon hour high probing 2166.00 was not confirmed at the final hour entry. The 3:10-3:20 proxy window had probed fresh session highs up to 2169.00, but the bias environment high was still being overlapped at 3:20. No upside traction.

None of which prevents extending higher, anyway. A sell signal at 2163.50 was only touched, expending all available weak-handed selling pressure. Buy signals were triggered, targeting the 2170.75-2171.50 area. It’s being attacked now to within 1 tick, while RSIs diverge negatively.

Presumably, this is not a recovery, but a corrective bounce. And the decline remains vulnerable to resuming without delay, if not likely.