Pre-close view… Mortgaging its future.

Is late-surge borrowing future buying pressure?

This afternoon”s late bias-down signal eventually triggered under 1914.00. Its 1908.25 bias-down target was met at the low as the bias environment began lapsing at 2:30.

Retesting 1908.25 after a brief bounce, with no unfinished business below, launched a reversal back up to the noon hour”s 1924.50 high. Now that”s being probed to within ticks of this morning”s 1930.00 highs.

Hold-short or hold-long ahead of a weekend is unusual, more so ahead of a three-day weekend. But Globex does open normally Sunday night. And a lot of future buying pressure is being borrowed very aggressively during the last 60-90 minutes. So a hold-short is certainly tempting.