Pre-close view… noN means noN.
noN-bias environment is lapsing, leaving a vacuum.
This afternoon”s 2077.50 bias-up signal was touched within 3 minutes of 1:20 to invoke the grace period. It was still being touched at 1:30 to avoid triggering bias-up or no-bias.
The bias-up target wasn”t put into play, and the bias-up signal wasn”t required to hold. The bias parameters became irrelevant. It was a noN-bias.
Often, the tested bias signal will hold, anyway, during a non-bias environment. As did 2077.50. Then a surge probed above it as the bias environment began lapsing.
And now a fresh high is being probed up to 2080.50 at the final hour”s entry. The bias environment exit was still within the noon hour”s range. So, trending higher through the 3:10-3:20 window is needed to confirm a durable breakout is underway.
