Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
An opinionated no-bias. – If, Then… Market Timing

An opinionated no-bias.

By Rod David | August 16, 2012 - 11:51 am

Post-open dip is recovered to fresh highs.

[pay]The 5-point drop from attacking 1407.00 triggered no-bias. That allowed the bias environment to range between its 1399.50-1407.00 signals. Touching 1407.00 would have required also touching 1399.50.

I suspected that would happen anyway. It did not.Already having neutralized the attraction to 1407.00, a temporary corrective dip could have depended on the bullish expiration indicator to encourage a recovery.

A temporary corrective dip was recovered. A shallower, briefer dip.

Tuesday’s 1409.50 “new Globex trend extreme” was just tested up to 1410.25. Its test should also visit 1412.00, so long as 1407.00 were to hold as support.

[/pay]

Posted in Bias-parameters, S&P