Bias-parameters
No-bias environment for the next hour, unless…
[pay][At 1:28pm ET] The afternoon’s ESh 1288’50 bias-up signal was touched during the noon hour, but held as resistance. The reaction didn’t even break under 1282’25, let alone under the bias-down signal, so this is a no-bias environment through the next hour. A break under 1282’25 through the bottom of the hour would be credible as a late sell signal, but otherwise trending is unlikely, and trending is likely to be retraced.[/pay]
Afternoon bias
[pay]
| MON afternoon signal | SPX | ES |
| Bias-up: above | 1288.25 | 1288’50 |
| …would target | 1295.25 | 1295’50 |
| Bias-down: under | 1278.25 | 1278’50 |
| …would target | 1271.75 | 1272’00 |
| Signal status: No-bias (touched bias-up signal) | ||
[/pay]
Morning bias
[pay]
| MON morning signal | SPX | ES |
| Bias-up: above | 1297.75 | 1298’00 |
| …would target | 1305.75 | 1306’00 |
| Bias-down: under | 1290.75 | 1291’00 |
| …would target | 1285.75 | 1286’00 |
| Signal status: within 1 tick of bias-down target, bias-up signal held its test, Bias-down triggered | ||
[/pay]
| DAY morning signal (triggered at 10:15 ET) | SPX | ES |
| Bias-up: above | ||
| …would target | ||
| Bias-down: under | ||
| …would target | ||
| Signal status: waiting for trigger | FAQ | |
| INTRO VIDEOS #1 and #2 | ||
1. At 10:15, trading above the bias-up signal or under the bias-down signal would put into play a test of its bias-up or bias-down target.
2. Not triggering either bias signal at 10:15 would be “no-bias,” and the bias signals should define the bias environment’s range.
— A test of the opposite bias signal would be targeted if one bias signal was tested before triggering no-bias.
3. Touching the bias signal within 3 minutes either way of 10:15 would invoke a grace period through 10:30 to trigger a late signal.
— “Late” signals don’t require testing the opposite bias signal, but it’s still likely.
4. Still testing the bias signal at 10:30 after invoking the grace period would trigger “noN-bias,” with no bias influence.
[/pay]
[pay]
| DAY afternoon signal (triggered at 1:20 ET) | SPX | ES |
| Bias-up: above | ||
| …would target | ||
| Bias-down: under | ||
| …would target | ||
| Signal status: waiting for trigger | FAQ | |
| INTRO VIDEOS #1 and #2 | ||
1. At 1:20, trading above the bias-up signal or under the bias-down signal would put into play a test of its bias-up or bias-down target.
2. Not triggering either bias signal at 1:20 would be “no-bias,” and the bias signals should define the bias environment’s range.
— A test of the opposite bias signal would be targeted if one bias signal was tested before triggering no-bias.
3. Touching the bias signal within 3 minutes either way of 1:20 would invoke a grace period through 1:30 to trigger a late signal.
— “Late” signals don’t require testing the opposite bias signal, but it’s still likely.
4. Still testing the bias signal at 1:30 after invoking the grace period would trigger “noN-bias,” with no bias influence.