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 6170
Bias-up signal tested again. – If, Then… Market Timing

Bias-up signal tested again.

By Rod David | May 27, 2008 - 9:55 am

[pay]The flattish, firm open has resulted in a retest of the bias-up signal, probing it by 2-1/2 points up to 1381’50. Now a pullback is testing the 1379’00 bias-up signal as support, trying to maintain it through the 10:15 timing window. I prefer to wait, because meanwhile there are two 10:00 econ reports, no other magnetic attraction to trade higher, and a required retest of the overnight lows. Back under 1378’00 would signal a drop underway, and its stop would be the bias-up signal.[/pay]

Posted in Bias-parameters, S&P