Another strong bounce off the rising gann line from the New Years Eve low and continuing to test the descending resistance from the recent all time highs (at 2294-97).
We will have to break one of these lines soon, perhaps a probe higher to 2315, or a drop down to take a look-see at the 55 Ema, currently at 2253.
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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 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.