Tricolore

Another very choppy session with strong buying and strong selling and rapid reversals in price.

An S/T Sell Signal below 4702 but strong buying off the low, covering above 4702 but re-activating in late afternoon.

Sell Signal active but signs of recovery – hedge accordingly.

Chart of S&P 500 for 07 January 2022

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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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