Market gaps up and is met with strong buying quickly cancelling the previous Sell Signal at 4300 and advancing into highs at 4333 and 4336, briefly triggering an S/T Buy Signal above 4331 but dropping back into the close.
An impressive recovery but not quite enough to confirm an S/T Buy Signal.
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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.
