No-bias

[pay]S&Ps exited the bias window at 10:15 between both signals. Each had been tested overnight, and now the bias-up was just tested again after the cash session’s open. But the test came too late to actually trigger a bias-up, and the balance of the morning is more likely to continue trapped within yesterday’s late-afternoon range. There is room for a dip to 1396’00, and then any lower would target the 1392’75 bias-down signal.[/pay]