Bias-down target held, bias-down mentality tough to shake.

[pay]The bias-down target’s test was retested, and a 5-1/2 point bounce has recovered back to the ESm 1333’00 bias-down signal. It’s every bit as much resistance as it was support. So its recovery would be that much more bullish. But not bullish enough – back above 1335’00 would be better, but only 1333’00 was required, and declining volume during the recovery isn’t very bullish. So, I’ll have afternoon bias signals, but not a lot of confidence in any other trending that isn’t accompanied by rising volume – not even if the trending is up, and consistent with the potential for a bottom.[/pay]