Sell Signal active below 2718

No follow through to Friday's surge and a new Sell Signal active below 2718.

Another huge overnight drop and a trading halt at 2490.

A plunge to 2400 is met with strong buying back to 2562 before the selling resumed back towards the low

Expect many more 50-100 moves in either direction as volatility drives direction.

Market closing at 2710

Strong selling into the gap up above 2600. A second look before declining back to re-test 2500.

A strong a recovery into the afternoon with an intervention inspired surge into the close.

Just below the SELL Signal level – but given that move I would suggest that the current Sell Signal is most likely complete.