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No-bias, really? – If, Then… Market Timing

No-bias, really?

[pay]After all that pre-open fluctuation and pretty volatile stuff after the open, too, the 10:15 timing window was exited back at or near session lows under ESm 1408’00. The bias-up signal officially held a test as resistance so a test of the 1406’00 bias-down signal is likely. That is, unless the 1410’50 bias-up signal were recovered through 10:30.

Guess what. A late bounce is back above the 1410’50 bias-up signal by a couple of points. Back under 1410’50 through 10:30 would  mean the late signal failed, making the 1406’50 test even more likely (back under 1409’50 would help to confirm). Otherwise the late bias-up would get a benefit of the doubt, and a tight stop.[/pay]