Bias-down target in-play.

[pay]The ESu 1299’75 bias-down signal was still being tested at the 10:15 timing window. A break extended down to new relative lows before hesitating, as is appropriate for a late bias-down signal, but not until slicing through the 1296’00 origin of yesterday morning’s doomed No-bias rally.

The hesitation started 3 ticks above the 1293’50 bias-down target which has yet to be met, and remains targeted. Bounces should meanwhile hold the briefest test of 1297’50, if there is any bounce at all. At this stage, I expect the bias-down target to give way somehow as well, on the way to 1287’00-1288’00.

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