Decay

Strong overnight selling is met with strong buying at 4327 for a push back up to 4384, dropping back again and moving briefly below the Cover Signal line before finding strong buying from 4316 for an afternoon push back into the close.

A huge range and very difficult market conditions but overall the current Buy Signal continues.

Chart of S&P 500 for 01 March 2022

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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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