A strong push higher in morning action triggering a Cover Short Signal at 4391 and making a spike high at 4411 before dropping back into the 2 pm FED meeting. The usual explosive volatility with a couple of very brief looks just above the Buy Signal line at 4413 before dropping back into the close.
A bullish day with the expected volatility surrounding the FED announcement and conference call, 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.
