Florian

An attempt to continue the recovery from yesterday and a brief look above the Buy Signal line at 4144 but strong selling in response to the FEDspeak triggering a Sell Signal below 4109.

An S/T Sell Signal at 4109.

Chart of S&P 500 for 04 May 2023

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

 

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