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Right to resistance. – If, Then… Market Timing

Right to resistance.

Next higher target met. Already.

The bearish resolution was delayed until testing higher highs at 2059.00. It was pierced by 1 tick 20 minutes ago, after the bias environment”s 2043.50 bias-up signal held as resistance for long as was required. And not a minute more.

Persistently overbought 3-minute RSI has left overbought territory. A pullback has room down to the 2048.00 area. Higher highs could be limited to 2061.25

Regardless, this afternoon”s buyers gained traction for the efforts. Fresh highs tomorrow are likely if the open doesn”t gap down too deeply.