We just hit a CzarChart milestone of sorts.  For the first time, there is not one change for the June 16 indicators from the day before.  This kind of underlies the water torture environment.  Although to keep a perspective, such small indecisive market movement is far closer to minor annoyance than tragedy.  I wonder, though, how it's going to feel, if I find myself on the wrong side of the next significant move.  My partner and I are getting lulled into thinking a $1,000 daily loss is actually a bad thing.

Nothing lasts forever though.  Maybe the down move that was predicted by every indicator on June 15 will materialize on June 16.  Again, the signals - whether monthly, daily or otherwise - all remain unanimous.

The Biases for June 16

Continue to hold shorts in all 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.

DISCLAIMER: It should not be assumed that the methods, techniques, or indicators presented on 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 on 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 will be speaking at the Chicago Trader's Expo on Saturday, July 16, from 8:00 to 9:30 a.m. The presentation is Identifying, Combining and Profiting from Daily Biases in the Futures Markets.  E-mail Art at artcollins@ameritech.net.