Stars and Stripes

The Bull flexes its muscles and proves to us that we are still very much on a Buy signal.

The T volume oscillator makes a tentative new relative high, potentially activating the cash-build up line that goes all the way back to the February highs in the oscillator, and so I have drawn in the possible new large T structure.

Still early days, but if correct, this structure projects highs towards the end of June that would synchronise with the scheduled echo and pulse highs and then possible further strength into late July and August.

Chart of S& P 500 for 14 June 2017

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.

 

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