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Upward bias should eventually mean… up. – If, Then… Market Timing

Upward bias should eventually mean… up.

Still testing yesterday’s lows.

[pay]The noon hour’s fresh high fulfilled the bounce’s 1840.50 objective. And then retraced the entire bounce — at least, back to within 1 point of its 1833.75 low.

There has been no lower low since the 1:20 bias timing window triggered no-bias. That’s not proof of the bullish WedEX influence, but neither does it undermine the signal. Bouncing back above 1838.00 and extending to fresh session highs would be appropriate.

Oversold RSIs at the 1834.75 low require its retest eventually. Testing it by 2-3 ticks briefly would not invalidate the WedEX. But trending lower with any complexity would become much likelier to trend down through the close.

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