No follow through and an inside day, and tightening bollinger bands as the market sits just below all time highs.
No reason to complain just yet but the oscillator Sell Signal is still active and this is still suggesting that the market may struggle to go higher in the short term, and so the next scheduled highs may not be much higher.
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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 & entertainment 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.
