Bias-parameters

Hold on tight, it’s another no-bias.

By Rod David | March 9, 2011 - 1:27 pm

That’s a wide range for an inside day.

[pay]For all of this morning’s volatility, the session remains an inside day. This morning’s high was retraced up to the 1323.50 bias-up signal, which did not trigger. This morning’s lows chipped away at support, but never extended down.

The only unfinished business is above at this morning’s 1324.00 bias-up signal. Its test was made an objective by having held a test of the bias-down signal. Yesterday’s 1325.75 high could be retested, too.

But pullbacks meanwhile should hold 1317.00-1318.00 to avoid sellers regaining traction. Too little time remains before the close for another test of support to recover.

[/pay]

Posted in Bias-parameters, S&P

FRI afternoon signal (triggered at 1:20 ET)	SPX	ES
Bias-up: above	1303.50	1298.25
…would target	1308.25	1303.00
Bias-down: under	1297.00	1291.75
…would target	1291.25	1286.00
Signal status: NO-BIAS		FAQ
INTRO VIDEOS #1 and #2

FRI morning signal (triggered at 10:15 ET)	SPX	ES
Bias-up: above	1302.50	1297.00
…would target	1308.50	1303.00
Bias-down: under	1294.00	1288.50
…would target	1287.75	1282.25
Signal status: NO-BIAS, TESTED BIAS-DOWN SIGNAL		FAQ
INTRO VIDEOS #1 and #2

THU afternoon signal (triggered at 1:20 ET)	SPX	ES
Bias-up: above	1308.50	1303.00
…would target	1314.00	1308.50
Bias-down: under	1298.50	1293.00
…would target	1293.25	1287.75
Signal status: NO-BIAS		FAQ
INTRO VIDEOS #1 and #2

THU morning signal (triggered at 10:15 ET)	SPX	ES (Mar / Jun)
Bias-up: above	1322.00	1321.50 / 1316.50
…would target	1328.50	1328.00 / 1323.00
Bias-down: under	1313.50	1313.00 / 1308.00
…would target	1307.00	1306.50 / 1301.50
Signal status: BIAS-DOWN, BIAS-DOWN TARGET EXCEEDED Mar is the front-month overnight, until Thursday’s open		FAQ
INTRO VIDEOS #1 and #2

Afternoon bias

Morning bias

Afternoon bias

Morning bias

Hold on tight, it’s another no-bias.