Another gap higher and a push above the Cover Short Signal line at 4396 to briefly move above the Buy Signal line at 4419 before dropping back sharply to 4375.
Another push higher into 4413 before dropping rapidly to 4315 re-activating the Sell Signal below 4396.
Very volatile and erratic price action – difficult market conditions continue.
Sell Signal active.
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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.
