You think you're pretty tough, don't ya, son?
I never knew a gunslinger yet so tough he lived to celebrate his 35th birthday.
I learned one rule about gunslingers.
There's always a man faster on the draw than you are,
and the more you use a gun, the sooner you're gonna run into that man.
Gunfight at the O.K. Corral, 1957
Dir. John Sturges
–
An echo high. The market rallies strongly from a deep low into an afternoon high. Recent characteristic late day selling at 2720 as the market continues to sell into strength.
The selling resumes overnight.
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.