Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Bias-parameters – Page 796 – If, Then… Market Timing

Bias-parameters

Morning bias

By Rod David | March 23, 2011 - 6:47 pm

[pay]

THU morning signal (triggered at 10:15 ET) SPX ES
Bias-up: above 1299.50 1294.50
…would target 1303.75 1299.00
Bias-down: under 1291.25 1287.50
…would target 1286.50 1281.50
Signal status: BIAS-UP, TESTED BIAS-UP TARGET FAQ
INTRO VIDEOS #1 and #2

[/pay]

Posted in Bias-parameters, S&P

Afternoon bias

By Rod David | March 23, 2011 - 12:06 pm

[pay]

WED afternoon signal (triggered at 1:20 ET) SPX ES
Bias-up: above 1292.50 1287.50
…would target 1297.75 1293.00
Bias-down: under 1285.25 1280.50
…would target 1279.00 1274.00
Signal status: STILL TESTING BIAS-UP SIGNAL FAQ
INTRO VIDEOS #1 and #2

[/pay]

Posted in Bias-parameters, S&P

Morning bias

By Rod David | March 22, 2011 - 6:50 pm

[pay]

WED morning signal (triggered at 10:15 ET) SPX ES
Bias-up: above 1297.50 1293.50
…would target 1304.50 1299.75
Bias-down: under 1291.00 1286.25
…would target 1285.50 1280.50
Signal status: BIAS-DOWN, BIAS-DOWN TARGET MET FAQ
INTRO VIDEOS #1 and #2

[/pay]

Posted in Bias-parameters, S&P

Afternoon bias

By Rod David | March 22, 2011 - 11:59 am

[pay]

TUE afternoon signal (triggered at 1:20 ET) SPX ES
Bias-up: above 1300.50 1295.50
…would target 1305.75 1301.00
Bias-down: under 1293.75 1289.00
…would target 1285.50 1280.50
Signal status: NO-BIAS, STILL TESTING BIAS-DOWN SIGNAL FAQ
INTRO VIDEOS #1 and #2

[/pay]

Posted in Bias-parameters, S&P

No-bias signal being tested.

By Rod David | March 22, 2011 - 11:08 am

Positioning for an afternoon decline, or getting rid of ballast.

[pay]Probes above 1294.25 didn’t gain traction during the opening 15 minutes of volatility. Instead it pushed back down to 1290.50. A recovery touched 1294.25, but didn’t pierce it when piercing it would have gained traction.

1290.50 was revisited, probing the 1289.00 bias-down signal by 3 ticks. The bias-down signal can be tested during a no-bias environment without sellers gaining traction.

Traction can be gained by breaking lower as the bias environment lapses. For example, maintaining a break under 1289.00 through 11:30, or waiting until then to break lower.

Recovering 1291.00 through 11:30 might serve as a buy signal, assuming limited price action before then.

I still expect this afternoon to be extra trendy. Either sellers are getting an early start at retracing Monday’s gains, or shorts are being trapped to fuel a rally leg into the noon hour.

[/pay]

Posted in Bias-parameters, S&P