Namorados

Nor from mine own weak merits will I draw
The smallest fear or doubt of her revolt,
For she had eyes and chose me. No, Iago,
I’ll see before I doubt, when I doubt, prove,
And on the proof there is no more but this:
Away at once with love or jealousy!

William Shakespeare, Othello, c. 1603

A push up into 2790 is rejected as traders look back at the March high.

Yesterday was a pulse high and today we have an echo high and a projection for a high from the new small T structure.

Momentum and breadth continue to look strong.

Chart of S&P 500 for 12 June 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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