Montsegur

A gap lower into 3865 – well below the Cover Signal line at 3903 and well below the Sell Signal line at 3888 – is met with further selling into a low at 3840 before an afternoon recovery.

Difficult market conditions.

A Cover Signal at 3888

Chart of S&P 500 for 16 March 2023

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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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