The market opens lower, triggering a Sell Signal at 2640 and probes 2626 before powering back into the close at 2654, cancelling the Sell Signal at even and showing support below the rising line from the April low.
The Osc oscillator makes a weak Buy Signal, echo-ing the triangulation in price.
The market is flattening off, and at some point, perhaps soon, it will make a decision on future direction.
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.