A gap higher and a look at 4744 is quickly met with strong selling, dropping to 4710 for a bounce back to 4728 and challenging the Buy Signal. Stronger selling and a flush lower to 4686 triggering a Cover Signal at 4700 is met with a bounce back to 4705 before yet more selling drops the market through the Sell Signal line at 4682.
Sell Signal active – hedge accordingly
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