Pre-close View… Overdone?

No-bias rally is borrowing a lot from tomorrow.

Trading 2027.00 at 1:20 failed to trigger the 2028.50 bias-up signal, despite the noon hour having probed it up to 2031.00. Never mind that, fresh highs attacked 2037.00.

That’s “no-bias trending” and it requires being retraced to 2028.50 if not also to 2027.00 or lower. But not in any particular time frame. Overbought RSIs at the high require its retest, potentially up to 2038.00.

Buyers didn’t gain traction yesterday, so resuming the rally today was unlikely before the final hour. It will be interesting if that remains influential, because it would also prevent a higher close from confirming yesterday’s breakout.

It does look like the high’s retest is underway. Neutralizing its attraction quickly would allow the 3:37-3:52 position-squaring window to satisfy the downside attraction, and to prevent confirming the breakout.