Market continues its recent downward funk but notice that although price is deriorating each of the last 5 days closed up or significantly above the low. This doesn't look like recent previous declines into a low and is suggesting that price is very reluctant to go lower, yet.
Still on a Buy signal, just. Probably more chop and sideways action ahead but keep an eye on the declining resistance from the all time high as well as the T volume oscillator that is back near its recent low, for signs of an advance.
Be prepared for whatever is coming next, and trade with confidence:
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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.