Pre-close View… Shallow rejection, at best.

REMINDER: MARKET WRAP BEGINS AT 3:33pm ET.

The afternoon’s 2325.75 bias-up signal triggered late, but extended quickly. The 2329.00 high is short of its 2331.50 bias-up target, but it becomes “unfinished business above.”

At least, I’ll give the 2331.50 bias-up target’s eventual test every benefit of the doubt, until disproved.

Exiting the bias environment back under its 2325.75 bias-up signal would have disproved it. Having been triggered late, that would have sufficed to invalidate the signal. In fact, 2325.75 was being tested at the final hour’s entry, but not broken.

Another fresh reaction low would be too late to disprove 2331.50 is unfinished business above. But it would be credible for extending down to 2331.50. Meanwhile, back above 2329.75 could resume the rally.