Market remains relatively unscathed – a bounce off the rising support line from the recent low, testing the downside, but holding up above the Buy Signal level especially with the last minute push higher.
The T volume oscillator is still above the zero line providing strength but the OSc oscillator is descending and will most probably make a 'sell signal' today – unless we get a really strong up day today.
There is a possible small price T centred on Friday's spike low which could provide some strength into the next cluster of scheduled echo and pulse highs, unless of cause the market does decide to rollover and sell off. Watch the rising line from the recent low for evidence of that.
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.