Menaechmi

Teach me, dear creature, how to think and speak;
Lay open to my earthy-gross conceit,
Smother'd in errors, feeble, shallow, weak,
The folded meaning of your words' deceit.

William Shakespeare, The Comedy of Errors, c. 1594

A Buy Signal at 2821, as the market gaps up to have a look-see at 2829 before selling off hard and descending back to 2804, triggering a cover signal. Finally finding strong support and recovering into the close.

An unstable and confusing market.

Chart of S&P 500 for 27 March 2019

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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