Under pressure

It's the terror of knowing
What this world is about
Watching some good friends
Screaming let me out
Pray tomorrow gets me higher higher high

Under Pressure, Queen & David Bowie, 1982

And sparking on vapors.

Buy Signal under pressure already due to the strong descending resistance at 2295.
And the T volume oscillator turns back down below zero

Market continues the squeeze and tease, maybe we get a few more pops, and short-covering rallies, but this is the Trump T endgame.

Chart of S&P 500 for 07 February 2017

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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.

 

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