Priam saw him first, with his old man's eyes,
A single point of light on Troy's dusty plain.
Sirius rises late in the dark, liquid sky
On summer nights, star of stars,
Orion's Dog they call it, brightest
Of all, but an evil portent, bringing heat
And fevers to suffering humanity.
Achilles' bronze gleamed like this as he ran.
– Homer's Iliad
Market certainly trying to recover and looked as though the Sell Signal would be cancelled in the afternoon drift higher.
Last minute selling keeps the Sell Signal active, for now.
Expecting lots more volatility and choppiness in early July as the current squeeze winds out.
Be prepared for whatever comes next:
To receive detailed daily analysis, guidance and the updated daily Buy / Sell trigger levels being generated by the Trading the Line system before the market opens, and intraday alerts when appropriate, please become a Member and Sign up for Alerts & Observations – includes access to Members Area and the Explanatory Notes for all of the concepts discussed.
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.