Pre-close View… Sticking.
Bouncing off lows hasn’t extended.
This morning’s low had touched the 2056.00 room to probe under the 2058.00 bias-down target. The noon hour’s low had touched this afternoon’s 2055.75 bias-down signal. The no-bias environment attacked its 2161.50 bias-up signal to within 1 tick.
No trending since this morning. Just more of that quicksand.
Last Tuesday’s difficulty with this area wasn’t resolved until a last-minute surge. Don’t be surprised by something similar today, but also don’t rely on it. Its direction isn’t even predictable, since the bias environment exit and final hour entry didn’t gain traction.
