Cover at 2175

Cover Signal at 2075 with the failure of the rising wedge and the break down through 2078.
Looks like the market is ready to rollover with perhaps one last try at the high.

Strong initial rising support just below at about 2167 today…

Chart of S&P500 for 25 August 2016

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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.

 

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