Detour surprise.
Bias environment”s fresh low is recovered.
A plunge pierced the 2107.75 bias-down signal just in time to invoke the grace period at 1:20. The signal wasn”t triggered at 1:30. That didn”t prevent trending down anyway to touch the 2101.50 bias-down target.
Trending beyond a bias signal when it”s too late to trigger is “no-bias trending,” which requires being retraced. In fact, the reaction up from 2101.50 has returned to 2107.75.
This morning”s highs should still be retested. But again, like yesterday”s late setup, that might be done overnight.
