A roller coaster day with an early decline into 6760, triggering an S/T Sell Signal at 6765 before a rapid move higher, cancelling the Sell Signal above 6792 and triggering an S/T Buy Signal at 6826. Not much follow through and a sharp decline from 6840, cancelling the Buy Signal below 6826.
Very dangerous market conditions.
S/T SELL Signal at 6765
COVER Short Signal at 6792
S/T BUY Signal at 6826
No follow through – cancel Buy Signal below 6826
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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
