An attempt to recover the 55 ema stalls and the selling resumes into the week's close.
A visit to the lower reaches of the channel seems more and more likely as the market starts to stair-step downwards.
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.
