Prestige

A choppy generally bullish day with the market swinging from Sell Signal level to Buy Signal level as it absorbs the recent price recovery from 2675.

Expect more volatile chop as the market looks to recover further and continues to look at declining resistance lines.

T volume oscillator turns positive, just, but the outlook continues to look somewhat bearish.

Chart of S&P 500 for 19 November 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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