Speculation

Although this may be a most difficult thing, if one will do it, it can be done.
There is nothing that one should suppose cannot be done.

Tsunetomo Yamamoto, Hagakure: The Book of the Samurai, 1716

The market gaps higher and visits 3000 for the first time, triggering some initial heavy profit-taking.

Chart of S&P 500 for 11 July 2019

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.

 

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