No-bias in a bias-down market.

[pay]The old bias-down target at ESm 1365’00 continued holding tests as support, and the new bias-up signal at 1368’25 held a couple of tests, too. In fact, it was still being tested 5 minutes after the 10:15 bias window. And not by a little. Rejecting it by 10:30 would make the bias-down signal at 1363’00 very likely to be tested.

I don’t like taking the bias-up signal here because it is triggering late, and it is already a revised number. If it is valid at this late stage, then it is because the original bias-down target satisfied selling pressure.[/pay]