Pre-close View… Speeding it up. And back down.

Corrective bounce fails to extend.

We already know the context of any bounce is a correction. That was dictated by this morning not compartmentalizing its probes under 2059.50. This morning’s 2048.00 low should be broken on the way down to 2030.00-2035.00, and lower.

None of which precludes a corrective bounce.

So, this afternoon’s 2057.00 bias-up signal triggered — a buy signal had triggered already above 2054.50 — and quickly rallied until coming to within 1 tick of its 2063.50 bias-up target. It held, instead of exiting the bias environment any higher to undermine the bearish context established this morning.

In fact, the bias environment is lapsing back at 2056.00, also a critical level. Until that actually breaks lower, the most bullish development possible would be to probe fresh highs above 2063.50 through the 3:10-3:20 timing window.