11 replies to this topic

[redfoliage2]

Turning bearish from Neutral......

[redfoliage2]

Update:

The signal entered into Bearish mode by the close today. So tomorrow looks a down day .........

Edited by redfoliage2, 23 May 2016 - 08:26 PM.

[redfoliage2]

US Index futures pulled up overnight by DAX.  That will help SPX to leap over the key support 2050 as it went below it yesterday.   However, VST the upside is limited. 

Edited by redfoliage2, 24 May 2016 - 08:33 AM.

[redfoliage2]

The signal turned into Bullish mode..........

[redfoliage2]

I see operators are paining the tape for the month end ..............

[redfoliage2]

I'd not short before 2075 - 2080 zone .........

Edited by redfoliage2, 24 May 2016 - 09:41 AM.

[Iblayz]

Upside minimum target (as posted) reached. Minimum downside target was reached and exceeded by a few points. I postulated a low last Thursday....got it. Guessed at another one for tomorrow. I will instead play tomorrow as a high. If I choose to make an entry, I will make it near clear resistance, since I cannot rule out even higher prices. If we were to turn down after tomorrow, the drop could be sharp in my opinion.

[gm_general]

Sorry duplicate post for the below.

Edited by gm_general, 24 May 2016 - 12:03 PM.

[gm_general]

STO on SP500 is getting real close to the first resistance line, should it break that end of day in the future there is further upside. If not, well, short something!

 

 

[redfoliage2]

At the market close today the signal remains in bullish mode...........