Bias-parameters

No bias-up, again.

By Rod David | April 29, 2011 - 1:41 pm

Firmer pricing stops just short of triggering bias-up.

[pay]This afternoon’s 1361.00 bias-up signal was nearly touched. It’s too late to trigger, and this is already a no-bias environment. So, this is the range’s upper-end.

The upper-end of this morning’s range was its 1358.75 bias-up signal. Its test produced a pullback down to only 1355.25.

Despite firming further, there is no buy signal. That’s why there is no velocity to the rising price. Sellers are probably marginalized through the afternoon – at least, until the last hour – so the balance of the session remains likely to trade flat-to-higher.

[/pay]

Posted in Bias-parameters, S&P

Afternoon bias

By Rod David | April 29, 2011 - 11:59 am

[pay]

FRI afternoon signal (triggered at 1:20 ET)	SPX	ES
Bias-up: above	1364.50	1361.00
…would target	1368.75	1365.25
Bias-down: under	1359.75	1356.25
…would target	1355.25	1351.75
Signal status: NO-BIAS		FAQ
INTRO VIDEOS #1 and #2

[/pay]

Posted in Bias-parameters, S&P

MON morning signal (triggered at 10:15 ET)	SPX	ES
Bias-up: above	1365.00	1361.50
…would target	1369.75	1366.25
Bias-down: under	1357.00	1353.50
…would target	1352.00	1348.50
Signal status: NO-BIAS, TESTED BIAS-DOWN SIGNAL		FAQ
INTRO VIDEOS #1 and #2

MON morning signal (triggered at 10:15 ET)	SPX	ES
Bias-up: above	1367.00	1363.50
…would target	1373.50	1370.25
Bias-down: under	1356.75	1353.50
…would target	1351.50	1348.00
Signal status: BIAS-UP		FAQ
INTRO VIDEOS #1 and #2

Morning bias

Afternoon bias

Morning bias

No bias-up, again.

Afternoon bias

MON afternoon signal (triggered at 1:20 ET)	SPX	ES
Bias-up: above	1368.75	1365.25
…would target	1373.75	1370.25
Bias-down: under	1362.25	1358.75
…would target	1355.25	1351.75
Signal status: NO-BIAS, TESTED BIAS-DOWN SIGNAL		FAQ
INTRO VIDEOS #1 and #2