Market opening below the Sell Signal line triggering an S/T Sell Signal below 4080 at 4070, finding support at 4050 for an afternoon recovery into the extended weekend.
Sell Signal active below 4080 – hedge accordingly.
Sign up here for daily analysis with the updated Buy / Sell trigger levels being generated by the Trading the Line S/T System before the market opens. Trading the Line Membership – includes Explanatory Notes (pdf), and Notes on Day Trading (pdf).
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
