Conception

The market fails to move back above the 2715 Sell Signal level and quickly plunges in another day of intense and very choppy selling.

Back at the recent lows and flashing a very loud warning.

This market is in a mess and there is very little in the way of structure to suggest anything other than more highly volatile days ahead.

The market is looking for a low and it could be a lot lower as yesterday's action is opening up Pandora's Box to lower prices. See recent free report written just before the post Thanksgiving bounce.

Chart of S&P500 for 08 December 2018

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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