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Suspicions about the bias-up. – If, Then… Market Timing

Suspicions about the bias-up.

The bias-up signal still seems to be attracting price to it, instead of powering price through it.

[pay]This afternoon’s 1281.25 bias-up signal was recovered through 1:20. Actually, it was recovered coming out of the noon hour, having held a test as support.

But the noon hour’s 1283.75 high has yet to be retested, cause for suspicion. It’s a little late not yet to have extended higher.

Recovering 1283.00 might get a benefit of the doubt for kicking the bias-signal  into gear. A dip to 1280.00 might be attractive for long-entry, or the dip’s recovery back above 1281.25.

Otherwise, I’m a little skeptical about the signal, So, I would rather wait for one development or the other rather than getting long blindly.

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