bias 4/30

10:42 am: neutral, suggesting comsolidation

bias 4/27

10:25 am: neutral, suggesting comsolidation

S&P 500 Intraday Bias, 4/26/12

At 10:48 AM, the bias is positive, suggesting buy the dips intraday.

S&P 500 Intraday Bias, 4/25/12

At 10:45 AM, no clear signal.

S&P 500 Intraday Bias, 4/24/12

At 11:09 AM, the bias is positive, suggesting buy the dips intraday.

Updated, 1:51 PM, the bias has weakened to negative.

bias 4/23

oversold; buy weakness

update, 12:14 pm; oversold condition relieved. hold.

S&P 500 Intraday Bias, 4/20/12

At 10:21 AM, the bias is neutral, suggesting consolidation.

S&P 500 Intraday Bias, 4/18/12

At 10:19 AM, there is no clear signal.

S&P 500 Intraday Bias, 4/17/12

At 10:49 AM, the bias is neutral, suggesting consolidation.

S&P 500 Intraday Bias, 4/16/12

At 10:23 AM, the bias is oversold, suggesting buy weakness.

S&P 500 Intraday Bias, 4/13/12

At 10:51 AM, the bias is negative, suggesting sell the rallies intraday.

Update, 1:43 PM, the bias has strengthened to neutral.

Traveling

Will not be available to post on april 11th and 12th

S&P 500 Intraday Bias 4/10/12

At 10:11 AM, no clear signal: of the three components comprising the bias, one is oversold and two are neutral. One interpretation of this circumstance, is a day trader who is short could cover. Otherwise, not activity suggested.

S&P 500 Intraday Bias 4/9/12

At 10:57 AM, no clear signal.

S&P 500 Intraday Bias, 4/5/12

At 10:50 AM, after a strong open, the bias has quickly reached overbought; I am hesitant to say sell into strength, but that is the signal.


Update 1:45 PM, the overbought condition has been relieved. No clear signal now.

S&P 500 Intraday Bias, 4/4/12

At 10:01 AM, the bias is neutral, suggesting consolidation.

S&P 500 Intraday Bias, 4/3/12

At 10:23 AM, the bias is negative, suggesting sell the rallies intraday.

S&P 500 Intraday Bias 4/2/12

At 10:12 AM, there is no clear signal.


Update, 1:10 PM, still no clear signal.