Pre-close View… Upping antes.
WedEX bullishness playing out.
WedEX’s bullish influence began upon entering the bias environment at 1:20-1:30. Rallying from that window’s ~2176.50 low hasn’t looked back. The final hour’s entry was probing the 2181.25 resistance that had held tests this morning and during the noon hour.
That’s now breaking higher to 2183.00, still more than 1 point under yesterday’s cash session close, and natural resistance. Bullish WedEX doesn’t assure extending through it.
Extending higher today would make bullish WedEX likely also to influence Monday morning. But it wouldn’t prevent gapping down, let alone require gapping up, so hold-long might not be compelling.
