Pre-close view… No squeeze.

Hovering at the highs wasn”t exploited.

The bias environment was exited at 2113.00, still within the noon hour”s range, and didn”t improve from there. Another 3 ticks higher would have triggered a short-squeeze into the weekend. Instead, a drop tested 2109.00.

Now the final hour has been entered under the bias environment”s range. Trending even lower through the 3:10-3:20 timing window would point down into the close. But it would be too late to give sellers traction for their effort, which needed to begin at the bias environment”s exit.

Under 2108.50 could extend to attack 2104.00. Back above 2111.25 would be attracted back to session highs, but not necessarily higher soon enough to confirm yesterday”s breakout.