Bias-parameters

The bias is done. Long live the bias.

By Rod David | September 3, 2013 - 2:46 pm

Bias-down lapses, but its influence remains intact.

[pay]The bias environment ranged relatively narrowly sideways, essentially between 1632.00-1635.00. This afternoon’s 1631.25 bias-down target was touched momentarily, but its reaction up only resumed the sideways ranging.

The decline has yet to extend, and a target has been met and held. But this is not a good time for a recovery to still be scraping session lows. The vulnerability remains down, and not by a little.

A bounce above 1635.25 might extend to test 1639.00. But even that would be likely to resolve down.

[/pay]

Posted in Bias-parameters, S&P

THU afternoon signal (triggered at 1:20 ET)	SPX	ES
Bias-up: above	1658.50	1656.75
…would target	1663.00	1661.25
Bias-down: under	1654.00	1652.25
…would target	1647.75	1646.00
Signal status: NO-BIAS		FAQ
INTRO VIDEOS #1 and #2

THU morning signal (triggered at 10:15 ET)	SPX	ES
Bias-up: above	1656.75	1655.00
…would target	1663.00	1661.25
Bias-down: under	1650.75	1649.00
…would target	1644.75	1643.00
Signal status: BIAS-UP		FAQ
INTRO VIDEOS #1 and #2

WED afternoon signal (triggered at 1:20 ET)	SPX	ES
Bias-up: above	1657.00	1655.00
…would target	1663.00	1661.25
Bias-down: under	1648.75	1647.00
…would target	1643.50	1641.50
Signal status: NO-BIAS		FAQ
INTRO VIDEOS #1 and #2

WED morning signal (triggered at 10:15 ET)	SPX	ES
Bias-up: above	1644.25	1642.25
…would target	1650.00	1648.00
Bias-down: under	1635.00	1633.00
…would target	1629.00	1627.00
Signal status: waiting for trigger		FAQ
INTRO VIDEOS #1 and #2

Afternoon bias

Morning bias

Afternoon bias

Morning bias

The bias is done. Long live the bias.