Ask no questions and you'll hear no lies.
– James Joyce, Ulysses, 1922
The market continues marking out the recent range defined by the 9 June roller coaster day, and with the weakening of the oscillators in a bullish environment we might expect this volatile chop to continue, especially considering the effects of some hard selling in the tech sector.
This is reminiscent of the January and early March periods with the market absorbing its discovery of higher prices.
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.
