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Pre-close view… Second chance. – If, Then… Market Timing

Pre-close view… Second chance.

Bias environment exit looking for traction.

The bias environment exit at 2:30 was above the noon hour”s high. This is bullish. But it is in a vacuum, and meaningless without confirmation. Its confirmation would have been entering the final hour above the bias environment”s high, but the final hour entry dipped.

There is a proxy, the 3:10-3:20 window. Remaining within the range wouldn”t be predictive either way. However…

Trending up to a fresh session high above 2100.75 would signal what the final hour”s entry did not, that buyers had gained traction.

The proxy window can cut either way. Trending down under the bias environment”s 2093.25 high through 3:10-3:20 could extend back into the open”s range at 2083.00.

Ending today under yesterday”s 2101.00 cash session close equivalent would keep the burden of proof on buyers that today was just a corrective dip.