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No-bias doesn’t mean no-try. – If, Then… Market Timing

No-bias doesn’t mean no-try.

[pay]The 1:20 timing window was at least 2 points under the ESu 1322’00 bias-up signal, signaling no-bias. A spike up through the bias-up signal minutes later was too late to qualify, regardless of whether it was exceeded through 1:30 (it wasn’t). But S&Ps didn’t reverse down, so the bias-up signal’s resistance was chipped away long enough to start making a higher high almost obligatory. And a higher high did reach 1324’00.

The no-bias trending still requires being retraced back to its origin at or under 1320’00. A sell setup that since appeared would be triggered under 1321’00 and targeting the 1316’50 bias-down signal.

But if this weakness can be delayed so that the no-bias gain is maintained through 2:30, then another higher high would also be almost obligatory, targeting the 1328’00 bias-up target (and retest of the overnight high).

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