Pre-close View… Threading a needle.

REMINDER: MARKET WRAP BEGINS AT 3:33pm ET.

The afternoon’s 2060.50 bias-up signal was overlapped in time to invoke the grace period. It held long enough to avoid triggering. Price during the no-bias environment didn’t drift back down toward its bias-down signal. It hovered.

And 2060.50 started breaking higher when the bias environment lapsing came within view. Actually, a couple of minutes earlier — not very premature, but not optimal. Extending higher to 2262.25 has reacted down to 2259.00.

The final hour was not entered any higher than 2260.50. The afternoon rally is still undermined. The alternative is not necessarily to decline, but the window is open.