Sagicho

A roller-coaster day with strong selling from a gap higher, reactivating the Sell Signal below 5811 before recovering strongly back above the Cover Signal line at 5835 and then dropping back again before closing strongly.

S/T SELL Signal at 5811
COVER Short Signal at 5835

Chart of S&P 500 for 15 January 2025

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

 

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *