A gap down below Sell Signal levels triggering an S/T Sell Signal at 2885 and heavy selling throughout the day.
The market is indicating a serious level of fear and with breadth and liquidity at very low levels with another more than 90% down day in volume.
Risk is high and the market is very dangerous.
Be prepared for whatever is coming next, and trade with confidence:
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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.
