No-bias signaled, but not yet clearly.

[pay]S&Ps recovered back above the ESm 1366’00 bias-down signal through 10:15 to signal no-bias. Back under 1366’00 through 10:30 (it’s already being tested) would trigger a late bias-down, which would be credible so long as the drop didn’t hesitate until retesting the low around 1360’00. Under 1363’00 would help to confirm, and could be used as a stop after being broken. But back above 1366’00 through 10:30 would confirm that the bias-down signal failed to trigger, and then put into play a test of the 1377’50 bias-up signal.[/pay]