Pre-close view… The rally quashes optimism.
Leaving unfinished business above.
This afternoon”s 2086.00 bias-up signal triggered. It was extended during the bias environment only to 2088.75, which had been tested already before the bias environment began.
And neither was the signal rejected upon exiting the bias environment. So, its 2091.00 bias-up target has become “unfinished business above” that requires an eventual test.
Meanwhile, the final hour has been sliding. Negative territory is being probed by 5 points to within 1 tick of 2077.00, taking RSIs oversold as the position-squaring window opens at 3:37. Closing back above 2080.50 would help to confirm the potential for extending higher next.
