“It would all be done with keys on alphanumeric keyboards that stood for weightless, invisible chains of electronic presence or absence. If patterns of ones and zeroes were "like" patterns of human lives and deaths, if everything about an individual could be represented in a computer record by a long strings of ones and zeroes, then what kind of creature could be represented by a long string of lives and deaths?”
― Thomas Pynchon, Vineland, 1990
A quiet day, up a little, but some indecision, waiting for the Fed.
An echo high is scheduled for today, previous echo highs have initiated some strong selling especially when occurring at or after an exhaustion move.
Be prepared for either a push higher followed by a reversal, or a push down.
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.