Pre-close View… The next leg is being signaled.

REMINDER: MARKET WRAP BEGINS AT 3:33pm ET.

Probing new highs intraday, by double digits. Observations don’t get much stronger than that. Today could form a breakout, putting into play 2227.00.

That would be subject to a second consecutive higher close tomorrow. And before then, a breakout would be subject to actually maintaining the rally through the close.

A trending session that exits the afternoon bias environment at a fresh session extreme is rarely reversed before the close. But when it is reversed, it is reversed hard. A reversal has very little time to accomplish anything predictive — like closing under the 2286.50 opening print.

Event the most bullish scenario would still allow dipping into the close, but not any deeper than 2287.25. And while it’s probably too late to enter the final hour above the bias environment high, the 3:10-3:20 proxy window could still gain traction.