Pre-close View… Onward and sideward.

Fresh highs hold, but not necessarily reverse.

The afternoon’s 1895.50 bias-up target was met. Potential to 1898.00 was fulfilled. And the morning’s 1900.25 high was probed, up to 1902.25.

1902.25 was the next higher resistance that we discussed during the pre-market Tour. Exceeding it through a relevant window would have put into play much higher levels. Exiting the bias environment back under 1898.00 has suggested the upside is done.

1985.50 was being tested as support during the bias environment exit, too. It has essentially held, with price fluctuating widely around it. It’s too late to break lower by strong hands. But breaking lower could still trend down into the close.