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No-bias… for now. – If, Then… Market Timing

No-bias… for now.

[pay]The noon hour’s dip back towards session lows under ESu 1254’00 recovered back above the 1257’25 bias-down signal through the 1:20 timing window. Having held a test of the bias-down signal, a test of the 1264’75 bias-up signal becomes likely.

Pullbacks meanwhile should hold the 1257’25-1258’50 area as support. Under 1255’25 would signal another downleg underway, presumably targeting the 1246’50 bias-down target or lower.

This morning’s renewed bias-down signal might no longer be influential, and Friday can ignore newer timing windows, so the balance of the day could be very noisy.

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