Pre-close View… Precariously positioned.

Poised at the highs, waiting for another shoe to drop.

The burden of proof remains on sellers, having failed to regain traction. No matter how suspect the upside action, holding above relevant support through relevant windows does not equate to reversing momentum down.

Probing fresh session highs into new timing windows is bullish. This afternoon’s bias environment started lapsing back at 2118.00. That’s an appropriate time for productive sentiment to be more reliable. Optimism was producing fresh highs, so the burden of proof on sellers is only greater.

Not that buyers have exploited that burden. The final hour was entered back at 2118.00 — not yet trending up, despite a blip-up to 2119.75.

Back under 2117.00 would suggest that stronger sellers have arrived. Their objective continues to be fresh session lows, and deeper. Otherwise, extending higher would be attracted to 2120.25 and 2122.25, if not also 2125.25.