Pre-close view… No more attractions.

Reversal”s rally is holding at its target.

The consequence to rejecting this morning”s bias objective was to put into play a test of what would have been the 2080.50 renewed bias-up target. That was met, while also triggering the afternoon”s 2077.00 bias-up signal.

But, wait, there”s more…

That put into play the 2082.00 bias-up target. Or, it would have, but the bias-up target was exceeded through 1:20. That renewed the bias-up signal, putting into play the renewed bias-up target at 2088.00.

And 2088.00 has been met. it was exceeded by 1 point, while still touching 2088.00, and while beginning a wider range between 2085.50-2089.00.

There”s no requirement to trend any higher. No higher objective is in-play, the bias-up environment has lapsed, there”s already been quite a sizable intraday rally, and heavy news from the FOMC is coming tomorrow. If a pullback isn”t merited, ranging sideways is.

Having said that, above 2088.00 there is potential to resume the rally, or at least to probe fresh session highs momentarily. Back under 2085.00 would start to signal a deeper pullback, probably to test 2077.00.