Pre-close View… Shifting gears?

Choppy range has a small opening to rally.

The overnight drop had tested yesterday morning’s 2169.50 lower prior highs, and bounced. Testing 2169.50 post-open, too, would have been preferable, and probably would have produced a recovery. Instead, the post-open bounce reversed down from 2176.25 to retest 2169.50.

The afternoon’s no-bias environment was unremarkable, but it has lapsed. And now the final hour has been entered, above the bias environment’s high at 2174.00. Trending up through the 3:10-3:20 proxy window to 2175.75 is signaling that buyers gained traction.

Upside traction, after sellers failed through multiple timing windows to leverage a gap down into anything deeper.

So, I’m still giving an upside resolution the benefit of the doubt. That’s still likely to be only a temporary upside resolution, thanks to the two-day pattern. I’ll describe that during today’s post-market Wrap, along with the WedEX indicator.