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Bias-down target met. – If, Then… Market Timing

Bias-down target met.

[pay]The afternoon’s ESu 1265’00 bias-down target was met. It was exceeded by 2 ticks before bouncing nearly 4 points. Oversold 3-minute RSI at the low requires that it be retested, so I expect this bounce to fail. There would be an exception if the 1272’25 bias-down signal is recovered by 1:20. Otherwise, the next lower low would target 1260’00.
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