Pre-close view… No traction, no action?

Rally holds up, but on-hold — with one door open.

The bias environment”s relatively narrow ranging was exited within the noon hour”s range. And now the final hour was entered within the bias environment”s range. Nothing can be done today for buyers to gain traction for their efforts.

Trending up through the 3:10-3:20 timing window would still be credible for triggering a rally into the 3;37-3:52 position-squaring window. Closing back under the noon hour”s high would greet tomorrow”s Employment Situation report from a position of weakness, and require gapping up to avoid trending down.

Back under 2082.50 would target 2078.25, possibly lower — but not too much lower, or else there won”t be time to close back above 2080.50 and greet the Employment Situation report from a position of strength.