Take the Road

Take the road you know, the road that leads to everywhere
Spend the time where everyone and anyone is there
Something new's already old, we've heard it all before

In, out, in and out
Here by word of mouth
It's right here right now
Feel dead or alive

UNKLE, The Road, 2017

The market moves higher, challenging the previous high at 2850.

The OSc oscillator improves and cancels out the previous 'Sell' Signal indicating that  momentum is now behind this advance.

Chart of S&P 500 for 07 August 2018

Be prepared for whatever is coming next, and trade with confidence:

To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intraday alerts when appropriate, please become a Member and Sign up for Alerts & Observations – includes access to Members Area and the Explanatory Notes for all of the concepts discussed.

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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