Frontera

The market opens down just below the important 2800 level and rapidly moves higher, triggering an S/T Buy Signal as it moves up and holds above 2822 into the close.

Still some warnings as the Osc oscillator continues to decline and makes a 'Sell' Signal.

Chart of S&P 500 for 03 August

Be prepared for whatever is coming next, and trade with confidence:

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intraday alerts when appropriate, please become a Member and Sign up for Alerts & Observations – includes access to Members Area and the Explanatory Notes for all of the concepts discussed.

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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