Pre-close View… Soooo close.
Bias-down rejected, but not reversed.
The 2093.50 bias-down signal triggered cleanly and extended down another 3 points. It was retested at 1:30, but not recovered, which would have rejected bias-down.
Bias-down still could be rejected, but more expensively, by the bias environment lapsing above the last relative high at 2097.25. It was still being overlapped. Probed, but overlapped.
The last opportunity to reject the bias-down would be entering the final hour above the prior timing window’s high. That printed during the noon hour at 2100.50. It was attacked to within 2 ticks, but not recovered.
So, no relevant level was recovered at a relevant time. But that didn’t prevent price from creeping higher anyway.
Probing above 2100.50 through the 3:10-3:20 timing window would be credible for triggering a short-squeeze. Otherwise, the balance of the session would be undetermined — capable of trending either way, while likelier just to range sideways into the close.
