Pre-close View… No sequel.

Today’s rally didn’t gain its own traction.

Yesterday’s buyers gained traction for their efforts by exiting the bias environment above the noon hour’s high, and for then extending to fresh highs through the 3:10-3:20 timing window. Their reward was to control this morning’s bias environment by probing higher.

They got their reward, but the probing continued. Fresh highs during the noon hour fulfilled the next higher objective at 2053.00. Potential to 2058.00-2060.00 was attacked to within 1 tick during the afternoon’s bias environment.

Buyers didn’t gain traction today, as only the bias environment exit trended. Nevertheless, overbought RSIs at the 2057.75 high requires a retest. An interim pullback to 2051.25 is possible, leaving the retest outstanding. Testing it first would have room up to 2060.00 before the pullback to 2051.25 would be an issue again.