Pre-close view… Staying power.

Entering the last half-hour unchanged.

The reaction up from testing the 2088.00 objective did retrace at least 61.8% of the last downleg. And it was retraced before the bias environment began lapsing at 2:30. The decline”s momentum lapsed.

But it wasn”t reversed. The last downleg”s 2094.50 origin wasn”t recovered into the final hour. The 3:10-3:20 timing window did nothing. Buyers and sellers aren”t gaining any traction, but they”re also not making an effort.

The slowdown is unnecessary. But it”s instructive. Nothing about it gives sellers any benefit of the doubt. Nor does it prevent trying to extend higher before the close. But at this stage, only closing above yesterday”s 2097.50 high would have any predictive value.