Pre-close View… Waiting for an engraved invitation?

Narrow range now free to resolve.

The afternoon bias environment is lapsing. The shallow backing-and-filling influence we expected for today is no longer influential.

Resuming the rally today would also be likely to produce the eventual third higher close that became required by Tuesday’s confirmed breakout. Despite neutralizing that upside objective, the momentum could carry price higher into the three-day weekend.

If not already probing fresh highs into the final hour, then another dip to session lows would be likely. And a dip to session lows would be vulnerable also to extending another 10 points lower from there, into the mid-to-low 2070‘s. That could also drift into the holiday weekend.

The narrow, sideways drift that began after yesterday morning’s surge could persist. Flat-to-lower ranging into the weekend is possible, too. But a false break up isn’t likely, so almost any probe of fresh highs should be reliable for extending higher.