"God is not pleased. We have enemies of the faith in the kingdom".
On Friday 13 October, 1307, numerous Knights Templar were arrested and coerced into false confessions of heresy – one of the origins of the superstition surrounding Friday the 13th.
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Market opens lower in-line with yesterday's short term peak projection from the T structure, takes a little looks-see at the all time high and re-traces.
Still very much within the recent sideways funk and a tight range that might be expected to expand a little as the market plays wait up / catch up.
T volume oscillator drops below zero and flashes a warning signal and momentum fades a little more.
The pulse high scheduled for today could certainly push the market down some but another arm of the T structure projects a high for Monday and this continues to suggest sideways and upwards until we reach a more defined peak.
Be prepared for whatever comes next:
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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.