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A straight up day through the Buy Signal line and a strong close continuing Tuesday's recovery and suggesting that perhaps, now, the market has discounted (some of) the recent news related negativity.

A significant improvement especially considering the overnight weakness in Futures which traded in the region of 2550.

Chart of S&P 500 for 05 April 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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