Kings

Overnight strength and a large gap higher above 4800 is met with strong selling bouncing at 4785 and then at 4775 for an afternoon recovery to 4804, dropping back into the close.

Buy Signal continues.

Chart of S&P500 for 05 January 2021

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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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