Hal-an-tow, jolly rumble, O.
For we are up as soon as any day, O
And for to fetch the Summer home, The Summer and the May, O
For Summer is a-come, O,
And Winter is a-gone, O.
Hal-an-tow, Cornish folk song performed at the Helston Furry Dance on 8 May
…
The market breaks below 2910 forcing a cover of the previous Buy signal and triggering an S/T Sell Signal at 2905 as the overnight weakness develops into strong selling. A very negative day but with a buying surge in the last 10 minutes that indicated that the selling may have been overdone.
The Sell Signal is still active but I always recommend closing short positions at or prior to end of day to protect from overnight recovery.
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.