Pre-close View… Island ho?

The bullish scenario emerges.

The 1918.00 objective was barely touched as the afternoon’s bias environment got underway. The bias environment back-and-filled up to 1924.00 repeatedly. The next hour widened its range, but not its action.

Then the last half-hour was finally squeezed. Surging from 1924.00 to 1935.00 is now probing into the open’s range. Closing within it would form a potential Island, and gapping up Wednesday above 1938.00 would seal a near-term low.

Participation will be thin due to Yom Kippur worship. Trending after not gaining traction intraday depends upon gapping open in one direction or the other. Since the break under 1938.00 is ending where it began, its rejection would be more able to trend than would gapping down.