Nerva

A Cover Signal below 3377 and a Sell Signal active below 3362.

A recovery attempt from the overnight selling sees 3375 before selling back down to the morning lows.

Several attempts to stabilize.

Sell Signal active, more stabilization is probably required. Very difficult market conditions.

Chart of S&P500 for 18 September 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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