Pre-close view… Squeeze play, or head-fake?

Timing windows have aligned.

The bias environment began lapsing at 2:30 by surging through a 2080.50 buy signal. The final hour was entered above the bias environment”s 2082.00 high.

All of that buying pressure came after the bias environment had probed fresh trend lows at 2077.75. That also followed neutralizing attractions below — from the oversold RSIs at Friday”s 2083.50 low to 2081.25 and then this afternoon”s 2078.75 bias-down target.

Apart from oversold RSIs at this afternoon”s low, the path is clear for a short-squeeze. So clear, that if not exploited, then buyers are truly damaged.

Back under 2082.00 (being tested now) would put into play at least a retest of the 2077.50 low, for one last chance to form a durable bottom. Back above 2086.50 would all but require extending higher through the close.