Fat Man

From Wikipedia, the free encyclopedia:

The United States, with the consent of the United Kingdom as laid down in the Quebec Agreement, dropped nuclear weapons on the Japanese cities of Hiroshima on August 6th and Nagasaki on  August 9th 1945, during the final stage of World War II. The two bombings, which killed at least 129,000 people, remain the only use of nuclear weapons for warfare in history.

The market stalls at the upper bollinger band and the bands squeeze tighter. Expect a volatile move shortly.

Chart of S&P500 for 9 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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