bias

Anyone knows/uses any tool which can tell if the market bias is up or down? I am not asking for any strategy, or any entry technique or anything of this sort. Just want to know if anyone knows of a mechanical way of saying that if so and so thing(oscillator, indicator) is up/down, bias is up/down.

yes .
it exists -
1] P/E chart- p/e ratio of bse.
2] Sentiment indicator - no of stock/ moving up-down
3] some complicated max pain idea of open interest.

YES JUDGEMENT PLAY HERE.
ALSO OLD ORDER STUDY TECHNIQUE.
new high study helps to understand nifty up continuity strength

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hope it helps