Pre-close view… Whip, saw, repeat.

Much overlapped range trying to ignore the attraction below.

The noon hour had trended up already through the afternoon”s 1925.00 bias-up signal. The 1:20 bias timing window was overlapping the 1931.00 bias-up target, but not by enough to renew the signal. Price action since then has ranged choppily sideways.

Very choppily. And very sideways.

This cuisinart rotating around 1929.00-1936.00 includes reacting to the Beige Book release. Its effort to push price back over the cliff was rescued, if only by discovering the cliff”s shallow 1929.00 basin.

Now another dive off the cliff is underway, this time following fresh highs testing 1937.00. The 1929.00 basin is being probed down to 1926.00, but real cliff diving here should essentially slide through one or two air pockets back to 1925.00 and then lower.

Perhaps the ongoing bias environment delayed reversing down. Well, the bias environment is now lapsing. So, not dropping even more sharply soon would start becoming unlikely to drop at all.