Pre-close View… Saving the best for last.

Noon hour slide attracts sellers.

Flt-to-higher choppy ranging eked gradually higher this morning. Recovering from its pre-open dip to 2053.00 had extended to 2059.50 at noon.

Sliding since then has been relentless, trending down to fresh session lows at 2049.00.

The slide’s purpose could have been similar to yesterday’s, expending a lot of selling pressure without it gaining traction for the effort. But today’s slide is threatening to enter the final hour under the 2050.50 bias environment low, after exiting the bias environment under the noon hour lows.

Sellers may be gaining traction into Friday’s Employment Situation report.

Extending back down to the 2047.25 overnight low would likely give way to 2044.50, and potentially also to 2039.25. If sellers do gain traction, then overdoing it already could risk inverting the traction back up, and might be the only way to end the week rallying.