Hold on tight, it’s another no-bias.
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.
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