Late bias-down

[pay]The noon hour touched the ESu 1255’50 bias-down signal. Then it was pierced before the 1:20 timing window, which recovered it in time to signal No-bias. But wait, there’s more. Another break under 1255’50 before the bottom of the hour wasn’t recovered, signaling a “late Bias-down.”

To remain valid, the late signal should extend under prior lows without hesitation, and/or without backing up more than a few ticks. The bias-down target at 1248’00 remains valid.

The timing of this drop is odd, coming so early in the afternoon instead of later when originally expected. Timing windows can be odd on Fridays, so the drop can still be valid, but I would still keep stops relatively tight.
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