Bias-parameters
Morning bias
Afternoon bias
Morning bias
Bias bubbles.
Bias environment testing fresh highs.
[pay]This afternoon’s no-bias environment has been ranging narrowly. Tests of 1682.25 support during and around the noon hour have held. Now a retest of this morning’s high is testing 1685.00 resistance.
Retracing this probe above the 1685.00 bias-up signal, and reversing it down, could create a slingshot effect. That would exit the bias environment fulfilling the passively bearish WedEX indicator.
Otherwise, there is potential for extending higher, regardless of WedEX. But reversing down must hold 1686.50 as resistance.
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