A dramatic gap down to the Sell Signal level and a short signal triggered in early trade.
A late morning bounce failed at lunchtime and selling resumed.
Potential support lies just below on a rising line from the Election low, but with such a strong sell signal we might expect to see some stabilisation before the next bullish move.
We should now consider the current T structures complete, although we may see some echoes from the secondary structure, and we should be looking for a new low to form and to set up the next large T structure.
Be prepared for whatever comes next:
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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.