Pre-close View… No traction.

That doesn’t dismiss fresh highs.

This afternoon’s 1968.75 bias-up signal triggered and its 1974.50 bias-up target was met. It was exceeded upon exiting the bias environment on the way up to 1979.25.

Choppiness there has fluctuated down to 1975.00. I’m suspicious of it being able to reverse the trend down. Any lower will have earned a deeper pullback to at least test 1969.00.

The rally may yet resume back above 1978.00. Meanwhile, a deeper slide to 1969.00 is possible.