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Pre-close View… Waiting for a shoe. – If, Then… Market Timing

Pre-close View… Waiting for a shoe.

Paralyzed ahead of payrolls.

Fulfilling the bounce potential to 2095.00 into the noon hour made it difficult to attract new sponsorship. So, ranging flat-to-higher through the noon hour gained no traction.

The afternoon’s 2097.50 bias-up signal was tested but not triggered. During the morning, that setup would have put into play an offsetting test of the 2089.50 bias-down signal.

The bias environment drifted lower to fulfill 2089.50 anyway. Entering the final hour under the bias environment’s 2090.00 low could be bearish. Otherwise, there’s no requirement for the balance of the session.