Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Pre-close View… Poking holes. – If, Then… Market Timing

Pre-close View… Poking holes.

Retest of overnight high could cut either way — sharply.

This afternoon’s 2041.50 bias-up signal was not touched in time to trigger, or even to invoke the grace period. But the resulting no-bias environment was invalidated by surging through 2041.50 through the bottom off the hour.

The bias environment extended only to 2043.00 and the bias environment exit has pierced the 2044.25 overnight high by 1 tick. Approaching 2044.25 pessimistically is potentially bullish from a contrarian perspective.

Entering the final hour back under 2041.50 would suggest otherwise. Unfinished business below at 2030.75 remains outstanding from this morning’s offsetting test of the bias-up signal. It could attract price back down today. Or, the lower attraction could lie patiently in wait to spoil a rally effort.