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Mid-day Update… Too much, too soon? – If, Then… Market Timing

Mid-day Update… Too much, too soon?

Already probing under yesterday’s lows.

Holding a test of yesterday morning’s bias-up signal had put into play an offsetting test of its 1968.00 bias-down signal. Attacking it to within 1 point didn’t neutralize its attraction, which became “unfinished business below.”

Rallying up to 2001.00 doesn’t negate the attraction below, which was tested this morning down to 1964.50.

Topping template intact? I think so.

Meanwhile, “no-bias trending” under this morning’s 1981.75 bias-up signal must be retested. Often, that will also visit the 10:15 print, which this morning happens to be 1990.00.

Back under 1966.75 again would suggest a much deeper and much longer delay to retesting 1981.75.