Gliese

Market opens significantly lower, below the Cover Signal at 3447.

An initial bounce to 3437 is quickly sold into triggering an S/T Sell Signal below 3424 and a strong move down to 3365 before bouncing and finding last minute strength regains 3400.

Sell Signal active.

Chart of S&P 500 for 27 October 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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