Quote from Spectre2007:
the close was extremely positive, even though point wise, it didnt amount to much. Price action is indicating accumulation underneath.
when the 2:00 oclock time window passed without any move, would have expected a stronger downdraft to below 1450 to 1440 or lower, and it didn't materialize. When selling is expected and it doesn't materialize, its a good sign.
Towards the close, price was very resistant to move down. It seemed easier for the price to move up then down.