The market drops into the gap and accelerates lower, displaying a significant amount of panic.
The recent Buy Signal is covered at 2741 and an S/T Sell Signal is triggered below 2720 with selling continuing into the close.
The Sell Signal remains active but I usually recommend to cover overnight and re-enter if appropriate.
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.
