Friday's action not only surprised us (not to mention hurt us financially), but it also completely flipped our signal world around 180 degrees.  Suddenly the daily index bias indicators are flashing strong numbers atop of day-of-week long signals.  (A bullish Friday tends to continue into Monday.)  On top of that, we have cup formations in all three indexes.  The only negative is that this is occurring at the time of the month that is normally negative. 

Well, actually, there is one additional anecdotal market drag.  My father, who follows my activities to the point of distraction, is relieved that I'm now in buy mode.  It's in line with Bob Brinker, plus other of his vested interests.  But whenever he's relieved for me, I'm worried.

Voodoo concerns aside, if we're to be straight system followers, for now, hard as it is, we must reverse engines. 

Dynamic Monthly Biases for September 19

Flip all three indexes from short to long.

The bottom two rows determine the signal.  Dynamic Day One trumps everythingâ€"you always follow it.  When it's neutral, the Monthly Perpetual provides the direction.  Click here for a more in-depth explanation of the rules.

Daily CzarChart for September 19

The bottom row provides the direction of the bias at the open: long (L) or short (S).  When it's neutral, it will read zero (0).  Click here for a more in-depth explanation of the rules.

DISCLAIMER: It should not be assumed that the methods, techniques, or indicators presented in this column will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented in this column are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The author, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.

Art Collins is the author of Market Beaters, a collection of interviews with renowned mechanical traders. He is currently working on a second volume. E-mail Art at artcollins@ameritech.net.