Pre-close View… Jumping on eggshells.

Probing fresh lows but not yet extending.

The 2107.75 bias-down signal had held as support until the bias environment came within view of lapsing. Breaking lower to 2168.50 had an opportunity to extend down. But it has reacted back up to 2171.50 resistance.

Resuming the slide should become a collapse, targeting a retest of Friday’s 2157.50 low and lower to 2141.50. Not exploiting the opportunity isn’t necessarily bullish, but recovering 2173.00 could launch another recovery leg targeting 2188.00.

Whether breaking lower or recovering, Friday afternoon’s low remains influential. The interim reaction up has been only a temporary correction. The correction can still extend, but breaking any lower here would target fresh lows.

This afternoon’s bias environment was exited under the noon hour’s low, but the final hour wasn’t entered lower. Trending down to fresh lows through the 3:10-3:20 proxy window (now opening) would signal that sellers were gaining traction.