Saturnalia

An overnight push higher is heavily sold into with a drop back to 4652 and triggering a Cover Signal before a volatile bounce back to 4685 keeps the buy signal active, for now.

Chart of S&P 500 for 17 December 2021

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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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