Pre-close view… Standing still would soon fall.

“Standing still is to fall behind.” – R. Buckminster Fuller

The rally followed my strategy for hovering under the noon hour”s highs until the bias environment began lapsing. Breaking above 2101.50 has extended 3 points to fresh highs testing 2104.25.

That may extend higher to test 2105.50. Regardless, the fresh highs create more room to absorb selling pressure, so that today”s close can still confirm yesterday”s breakout.

Meanwhile, the bias environment was exited above the noon hour”s high. The rally would gain traction if that were combined with entering the final hour above the bias environment”s 2102.75 high, or trending up to fresh session highs above 2104.50 through the 3:10-3:20 timing window.

But entering the final hour back under the morning”s 2101.50 high, or trending under it through 3:10-3:20 — would start to reverse momentum down. And this setup”s objective would be to close negative on the day.