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Pre-close View… Snatching defeat. – If, Then… Market Timing

Pre-close View… Snatching defeat.

Straight down since fulfilling this morning’s rally objective.

This afternoon’s 2088.00 bias-down signal triggered. Price action had only slid since fulfilling this morning’s offsetting test of the 2093.75 bias-up signal. It took awhile before actually trending under 2088.00, but the 2083.00 bias-down target was met.

And then some. Fresh post-open lows are attacking 2072.00, potentially targeting 2067.00-2069.00. RSIs are oversold and getting more deeply oversold.

The decline gained traction already by exiting the bias environment under the noon hour’s low, and then entering the final hour under the bias environment’s low. So, absent a stunning recovery by the close, likely to probe lower tomorrow morning.