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Bias-parameters – Page 521 – If, Then… Market Timing

Bias-parameters

Afternoon bias

[pay]

THU afternoon signal (triggered at 1:20 ET) SPX ES
Bias-up: above 1768,00 1764.25
…would target 1773.00 1769.25
Bias-down: under 1759.75 1756.00
…would target 1753.75 1750.00
Signal status: LATE BIAS-DOWN 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 morning’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.

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Morning bias

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THU morning signal (triggered at 10:15 ET) SPX ES
Bias-up: above 1773.25 1768.25
…would target 1779.50 1774.50
Bias-down: under 1766.50 1761.50
…would target 1761.00 1756.00
Signal status: LATE NO-BIAS, TESTED BIAS-UP SIGNAL, STILL TESTING BIAS-DOWN SIGNAL 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 morning’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]

Morning bias

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WED morning signal (triggered at 10:15 ET) SPX ES
Bias-up: above 1767.00 1762.00
…would target 1774.25 1769.25
Bias-down: under 1759.25 1755.25
…would target 1764.75 1759.75
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 morning’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]

BIAS-UP.

But not yet validated, with consequences if not.

[pay]The noon hour produced a single surge to fresh highs, through 1759.75 to 1762.25. That was more than an hour ago. Other than dipping back down to the 1760.00 bias-up signal, nothing new has developed.

The 1760.00 bias-up signal did trigger. So, there’s that.

But since triggering bias-up, the signal hasn’t been any more productive than the noon hour already was. In other words, 1762.25 hasn’t been touched. Until it is exceeded, there is a vulnerability to resuming the session-long decline.

Back under 1758.00 would signal the bias-up signal won’t perform, although exiting the bias environment back above 1762.25 would reconfirm the bias-up.

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Afternoon bias

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TUE afternoon signal (triggered at 1:20 ET) SPX ES
Bias-up: above 1765.50 1760.50
…would target 1774.25 1769.25
Bias-down: under 1760.75 1755.75
…would target 1755.00 1750.00
Signal status: BIAS-UP 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 morning’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.

[/pay]