No-bias? No buyers.

[pay]The news story’s reaction hasn’t extended any lower, but it apparently did damage. Its effect should have been retraced entirely by now otherwise. That makes it tough to be a buyer, also considering that the bias-up signal wasn’t tested or even touched. The noon hour was both entered and exited above prior lows to take away sellers traction, but that hasn’t attracted any new buyers. I don’t mind taking a bias signal outside of a timing window on Friday afternoons, so I would still sell under the ESm 1384’00 bias-down signal. Strength here would get me interested in being long, but no impatiently.[/pay]