Raven

And the Raven, never flitting, still is sitting, still is sitting
On the pallid bust of Pallas just above my chamber door;
And his eyes have all the seeming of a demon's that is dreaming,
And the lamp-light o'er him streaming throws his shadow on the floor;
And my soul from out that shadow that lies floating on the floor
Shall be lifted – nevermore!

Edgar Allan Poe, The Raven, 1845

A gap up and don't look back as the market puts its fears behind itself and heads back up to Friday's lows, cancelling the Sell Signal for now.

Not quite at the Buy Signal level yet but an impressive recovery so far.

Chart of S&P 500 for 29 January 2020

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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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