Pre-close View… Down, but not out.

Dipping into the last window.

This afternoon’s no-bias environment ranged narrowly down to 2205.00, until it began lapsing at 2:30. Then fresh lows gradually ticked down to fresh afternoon lows. An hour later and 5 points lower, now 2200.00 is being attacked.

RSIs are oversold for the first time today. The position-squaring window will open in several minutes. This dip should already be reacting up sharply by then — essentially behaving as if a stretched rubber band is snapping back up.

Otherwise, not reacting up soon, and obviously, would more likely probe under the overnight lows, with potential down to 2187.50.