Seven Sleepers

Another attempt at 2450 is rejected in early trade.

Conflicting signals – the T volume oscillator rises and confirms the prescence of a new small T and/or the extensions of the larger T structures into July, but the OSc oscillator is falling again due to the lack of momentum suggesting that any advance will be limited.

The squeeze tightens and we can expect more erratic choppiness.

Chart of S&P 500 for 27 June 2017

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.

 

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