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No-bias, and sitting at the range’s upper-end. – If, Then… Market Timing

No-bias, and sitting at the range’s upper-end.

By Rod David | July 28, 2008 - 10:36 am

[pay]The 1-min RSI negative divergence was productive with a 4-point pullback. That still left time for retesting the ESu 1259’00 bias-up signal. And as expected, the 3-min RSI diverged negatively. The test held, signaling No-bias, and making likely a test of the 1251’00 bias-down signal. The target remains in-play so long as bounces hold any test of 1257’25-1258’25.

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Posted in Bias-parameters, S&P