Nothing ever gives you a better than slight edge, especially when your focus is narrowed to the point of single day market activity.  Just food for thought though:

1. We're entering the monthly timeframe where up-moves are more probable than down-moves.
2. The end of the year is traditionally an up-time as well.
3. Our other indicators are in buy mode.

One further thoughtâ€"the consensus among traders, floor and otherwise, continues to be bearish.  (No one can understand a climbing market in the face of so many national concerns, but then that does define the wall of worry, doesn't it?)

We'll stick our neck out here.  We'll continue to call our signals as they play out, but odds are, we'll spend most of our time in buy mode and we should be rewarded for it.

Dynamic Monthly Bias for December 22

Hold longs in all three indexes.

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 December 22

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. E-mail him at artcollins@ameritech.net.