Pre-close View… Recovery in hiding.

Bounces stopping short of anything significant.

Testing the afternoon’s 2070.50 bias-up signal without triggering it kept price range bound  back down to 2066.50. Slightly higher highs since then have barely pierced 2072.00, and then only momentarily.

The bias environment exit was testing the noon hour’s high but not exceeding it. And now the final hour’s entry is within both ranges. There is no momentum, mostly no new momentum, so the greater vulnerability is to another drop.

Another drop would be triggered under 2068.00 (being tested now) and targeting fresh lows under 2062.00. Actually extending down wouldn’t be necessary. Not extending down would then be likely just to range sideways. A last-hour rally isn’t likely.