When is no-bias not no-bias?

[pay]S&Ps recovered above ESm 1416’00 by 10:15 to signal sellers losing traction, and then above 1417’25 through 10:30 to signal buyers gaining traction. S&Ps have added at least 3 points more since then. That’s still far from being a bias-up. Speaking of which…

Having held a test of the 1414’25 bias-down signal on the way to triggering the no-bias signal at 10:15, this setup puts into play a test of the 1421’25 bias-up signal. Pullbacks should now hold any brief test of 1418’00 as support, preferably no lower than 1417’25.[/pay]