Bias-parameters
Morning bias
Trying to recover the bias-down signal.
Look out below if the the bias-down signal isn’t recovered here.
[pay]The bias environment is lapsing and the 1268.25 bias-down signal is being probed as resistance. Recovering it would nullify its 1262.50 target that was met within only 3 ticks.
Recovering 1268.25 would also marginalize sellers for the day, and probably through the Monday morning. Tuesday’s prior high up to its outstanding 1290.00 bias-up target could be tested.
Still overlapping 1268.25 through 3:00 would make 1262.50 unfinished business. Back under 1266.50 would signal momentum reversing down, confirmed under 1265.25.
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