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Category: UPDATES

A.M. Bias Strategy (MON)

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Closing WRAP
Fri’s session left little to the imagination. Its gap up served by proxy to gain traction for buyers that had stopped at resistance through Thu’s close. And two consecutive sessions…
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Mid-day UPDATE
Overnight’s rally was retraced 61.8% through Fri’s open, probing 8 points back under the 7835 bias-up signal. But it was triggered when it mattered as the second half-hour bounced back…
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P.M. Bias Strategy (FRI)

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Post-open REVIEW
Overnight’s rally was retraced 61.8% through Fri’s open, probing 8 points back under the 7835 bias-up signal. But it was triggered when it mattered as the second half-hour bounced back…
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Pre-open PLAN
Overnight’s rally is poised to produce by proxy at Fri’s open what buyers failed to produce at Thu’s close. Even the delayed traction can still signal that Thu’s extra isolated…
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A.M. Bias Strategy (FRI)

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Closing WRAP
Wed’s drop had been constructive to forming a bottom by isolating intraday sellers under 7831, but its close only recovered TO 7843 resistance, instead of higher to gain traction for…
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Mid-day UPDATE
The door was kept open to another detour down, which has yet to confirm it isn’t gaining traction to be a more productive reversal. Recent lower prior highs at 7784…
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