The signal is at Neutral.
I'm looking for a bounce today/tomorrow.
VST Watcher Update
Started by
redfoliage2
, May 05 2016 08:37 AM
18 replies to this topic
#3
K Wave
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Posted 05 May 2016 - 09:27 AM
NAZ bulls thus far not showing much oomph here at the cliff edge....another trip under 105 on QQQ, and wheels might start to come off....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
redfoliage2
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Posted 05 May 2016 - 10:06 AM
NAZ bulls clearly showed their determination to defense the line yesterday as it's way over-sold with divergences.
Edited by redfoliage2, 05 May 2016 - 10:07 AM.
#5
redfoliage2
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Posted 05 May 2016 - 10:18 AM
VST I see NQ could bounce about 100 points from here...........
Edited by redfoliage2, 05 May 2016 - 10:19 AM.
#6
redfoliage2
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Posted 05 May 2016 - 10:58 AM
The signal is turning toward Bullish side...........
#7
redfoliage2
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Posted 05 May 2016 - 11:38 AM
Update
the signal went back Neutral..........
#8
redfoliage2
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Posted 05 May 2016 - 12:09 PM
This is one of weakest bounces and it's failing.............
#9
redfoliage2
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Posted 05 May 2016 - 12:13 PM
Update
The signal turned into Bearish mode. Now the VST and ST signals are in harmony, that often leads to a big move pending. In the current case, the direction is down.
Edited by redfoliage2, 05 May 2016 - 12:21 PM.
#10
redfoliage2
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Posted 05 May 2016 - 12:39 PM
The NQ vital line 4297 is cracking. I think it's going to be overcome this time. This is a good opportunity for bears if they push one more step ........
Edited by redfoliage2, 05 May 2016 - 12:44 PM.
