Category: Mid-day

Fri’s suboptimal A.M. bias-down signal only hovered, until its exit quickly dipped directly to its 7675 target. Sellers were entrenched, but somewhat patient buyers avoided pushing price higher when they…
Thu’s steep, deep opening slide, which never even attacked the bias-up target support, has gradually, eventually firmed back into the opening bars’ range. If sellers aren’t already influencing price down…
Pre-open and post-open bounces had created extra room to expand selling pressure before it could damage its rally by rejecting A.M. Bias-up. Pre-open and post-open attacks on the bias-up signal…
The morning’s decline has yet to resume or to extend to fresh lows. But the burden of proof is on buyers. This is the first window in weeks and weeks…
staggered headlines have had cumulative effect of probing fresh post-open highs and overnight highs, and coming to within ticks of touching Fri’s higher prior low. Along the way up, 2-3…
resembled a Head & Shoulders. Its break lower recovered back into the H&S range to form a rectangle. The rectangle’s false break stretched the rubber band to snap back up…
and the Renewed bias-down window dutifully held its resistance at the bias-down target. The noon hour entry back at/under the first-half-hour’s high unnecessarily further confirmed that interim buyers were weak-handed….
Plenty of dips have tested relevant levels, and reacted to them. So far,they have held through their timing window lapses. But no timing window exit has recovered a relevant resistance,…
The entire A.M. Renewed bias-down window bounced from 7680 to 7704, which suggests that buyers are weak-handed. A drop to noon hour’s 7688 lows corrected 61.8% of the bounce. So,…