Late rejection of the bias-up signal?

[pay]The noon hour’s new session high reached within 1 point of the bias-up target before falling back under the morning’s highs. S&Ps were back under the morning’s highs at 1:20, but not yet back under the ESm 1333’25 bias-up signal – also reversing under the bias-up signal through 1:30 would invalidate it, and I’m already suspicious of any buy signal prior to retesting the overnight “new Globex trend extreme.” But traders wanting to give a buy signal the benefit of the doubt might also want to consider the 1333’25 bias-up signal as a stop.

If the bias-up signal can hold, then a detour to 1338’50 might also reach 1342’00. Otherwise, back under 1333’25 through 1:30 could quickly slide back to overnight lows.[/pay]