Try to make sense of what you see and wonder about what makes the universe exist. Be curious, and however difficult life may seem, there is always something you can do, and succeed at. It matters that you don’t just give up.
Stephen Hawking (1942-2018)
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The current Buy Signal continues with the market moving higher above the Mid-Channel finding resistance above 2550, a level last seen in Mid December.
Today is an echo and pulse high with further upcoming projections for highs later this week. With such a strong move up we should expect some weakness to absorb the thrust upwards from the December panic low.
The T volume oscillator continues much higher, potentially activating additional projections for highs into late January and early February, after the first wave of projections are complete.
It's a brave New Year ahead.
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.