Campanile

A huge move up following on from Wednesday's reversal and taking the market back up to the important 55 ema.

A Cover Short Signal above 2895 and an S/T Buy Signal triggered at 2909.

Strong breadth pushes the T volume oscillator up and is looking like it is forming a new small T or the beginnings of a new large T structure.

Chart of S&P 500 for 09 August 2019

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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