S/T Buy Signal at 2717
The market gaps up above the Buy Signal level at 2712, pulls back to find support and then heads higher.
A strong gap up and go and close at the highs type day, with just that a little bit of hesitation midday to remind us of the previous days' afternoon selling.
Strength above the Mid-Channel is a very positive development, and the T volume oscillator moves back above zero supporting the continued projections for highs in March.
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.
