Pre-close View… Optimism’s final lesson.

Has bias environment bounce expended its buying pressure?

Neither bias signal was touched before triggering no-bias. Probing above the 2033.75 bias-up signal to 2036.25 was borderline “no-bias trending.” Complexity that kept touching 2033.75. Regardless, 2033.75 has been retraced.

Nevertheless, the optimism is impressive. Impressive like the Black Knight‘s bravery in Monty Python and the Holy Grail. Well-meaning, but not successful.

The bias environment’s rally wasn’t a helpful time to be expending buying pressure. It fulfilled corrective bounce limits at 2033.00-2035.00, and the final hour hasn’t extended higher.

Trending up above the 2036.25 afternoon highs through the 3:10-3:20 would be bullish. All the more so, because it is unlikely, since the bias environment already tried and failed. Back under the 2032.00 area would target fresh session lows around 2018.00, presumably on the way to probing under 2000.00.