Dogger

The Battle of Dogger Bank (1781) was an ugly affair, both sides claimed victory…

Another hesitant and dull day resulting in a 'doji'.

However notice that the bollinger bands are tightening indicating a squeeze is about to occur, direction to be decided, possibly both in rapid order.

Osc confirms a Sell signal.

Chart of S&P500 for 5 August 2016

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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational & entertainment purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.

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