Origin

“It is not the strongest of the species that survives,
not the most intelligent that survives.
It is the one that is the most adaptable to change.”

Charles Darwin

A deep probe below 2600 finally finds some strong support… at 2530 – which was strong support in the Futures market early last week and site of the 200 day moving average.

Looks like an important low, for now, with the T volume oscillator looking good and displaying positive divergence with price.

Chart of S&P 500 for 12 February 2018

Chart of S&P 500 for 12 February 2018

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.

 

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