Pre-close View… Maxxed out buyers, spaced out sellers.

Bounce bumped its head before falling over.

Avoiding the attraction below to 2079.00 was possible if the bias environment exit and final hour’s entry were above  2086.00 and 2088.00.

2086.00 was probed up to 2088.00, but no higher. Back under 2084.50 has put 2079.00 back into play. This morning’s 2080.25 low is being attacked now to within 1 tick.

Testing 2079.00 earlier from lower would have had plenty of time to hold and to recover. There was plenty of time to attract counter-trend sponsorship, and the last downleg had just expended a lot of energy.

The effect may not be different now testing 2079.00 later from higher. It’s a little late to attract new sponsorship, and another downleg has recently played out.

Testing 2079.00 still isn’t a requirement. But having failed this afternoon’s bounce, a fresh low is very likely.