Pre-close View… Upside target met, more to come?
Second bias-up target met, and gaining traction.
First a housekeeping note — we’re experiencing a massive power outage, with no known time to resolution. I’m operating off of a charged device’s hot spot, knowing it might not last through the close.
Second, this afternoon’s 2066.75 bias-up target was met at the afternoon bias environment’s high. This morning’ room for noise up to 2058.50 above its 2056.00 bias -up target was met at the morning’s high. So, the bottoming pattern we discussed during this weekend’s Saturday Review seems to be playing out.
Fresh highs this afternoon up to 2068.50 are reacting down and could dip to 2060.00. Regardless, the bias environment was exited above the noon hour’s high and the final hour was entered higher, so the rally is gaining traction.
