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Bias-up signal. Invalidated. – If, Then… Market Timing

Bias-up signal. Invalidated.

[pay]The 920’50 bias-up signal was triggered through 1:20. Maybe. I’m a little suspicious because the past half-hour has simply consolidated 1 tick above the signal while technicals deteriorated. And also during that time a pattern formed that would trigger a drop under 920’75, so long as the consolidation holds 922’75 resistance.

Oh, and the signal level was broken as support at 1:30. This invalidates it, triggering a late no-bias. It doesn’t make the bias-down signal’s test any likelier. But then, nothing is very likely on a Friday afternoon.

The pattern targeting a return to negative territory remains in-play so long as 922’00 isn’t recovered… P.S. My sporadic disconnect between 1:00-2:00 has already begun in case there are any questions not addressed immediately… Also, my site’s host is not forwarding emails.

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