Pre-close View… Tanned, rested and already recovering.

Timing window requirements in effect.

The afternoon bias environment was the exception. It did not probe the prior timing window’s high. It wasn’t required to trend down, but it did. A sell signal triggered under 2044.75 to within 2 ticks of its maximum pullback potential at 2034.50.

Any lower would have measured too much for being only a temporary pullback. Which is why we knew it would hold, because of the “unfinished business above.”

The session-long rally template that now requires the final hour to probe above the bias environment’s 2047.75 high. And overbought RSIs at the 2048.75 high require its retest. Back above 2044.00 would resume the rally into the close.

The rally resumed pretty quickly, already coming to within 3 points of the high at 2046.00. Consolidating there formed a Head & Shoulders that is now reacting down to 2041.25. The drop could extend to 2039.25 before fresh session highs become unlikely.