Fighting for the bias-up.

[pay]The recovery has progressed nicely, eventually forming another emotional extreme at ESm 1368’00. This required a retest and that retest is currently underway, offering an opportunity to sell a potential near-term peak. It’s still a couple of points under the minimum target: a test of the 1370’50 bias-up signal that is required since the bias-down signal held its test through the 10:15 bias window. And a test of the 1372’25 overnight high is still a distinct possibility. So at the very least, stops can be raised to 1366’00 or a littl lower to allow room for a probable consolidation before possibly resuming the rally.[/pay]