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Pre-close View… Yuge. – If, Then… Market Timing

Pre-close View… Yuge.

Still probing fresh session highs.

The next higher objective of 2160.00 was tested minutes before noon. Its reaction down to 2146.25 formed an Ascending Triangle that contained two timing windows of price action.

This afternoon’s no-bias environment resolved up when the bias environment began lapsing. That was still overlapping the noon hour’s 2156.25 high. But the final hour was entered above the bias environment’s 2159.00 high. And the 3:10-3:20 timing window trended up to fresh session highs.

That’s traction, in a setup which tends to play-out the same day. Back under 2161.75 would start to signal a corrective dip underway instead. Otherwise, the balance of the session should essentially trend up. The next higher objective is essentially 2180.00.