Carmen

Market follows through from Friday afternoon with strong buying back above 3000.

The surge in the last hour pushes above 3080 triggering an S/T BUY Signal.

Obviously a lot of short positions covering in what may simply be a dead cat bounce.

High volatility and extreme caution.

Chart of S&P 500 for 03 March 2020

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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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