In bearish mode now.........
VST Signal Update
Started by
redfoliage2
, Jan 05 2017 11:16 AM
27 replies to this topic
#2
K Wave
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Posted 05 January 2017 - 11:34 AM
Yep, finally got something that looks like a sell that may last for at least a few days...am guessing down into around Jan 10...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
K Wave
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Posted 05 January 2017 - 11:37 AM
Classic failure to breakout on YM futures this AM...now they bailin' out...
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
K Wave
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Posted 05 January 2017 - 11:41 AM
Back into air gap on 60 min YM...swift move towards 19400 a definite possibility now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5
K Wave
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Posted 05 January 2017 - 11:45 AM
Watch 19700 YM...If that goes, full on waterfall action a distinct possibilty...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#6
redfoliage2
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Posted 05 January 2017 - 11:47 AM
ES short term uptrend was broken overnight but it tried to bounce earlier in the morning and failed. SPX made a lower high and was clearly and repeatedly rejected at the trend line resistance around 2270.
A tax related selling now can start.............
Edited by redfoliage2, 05 January 2017 - 11:51 AM.
#7
Iblayz
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Posted 05 January 2017 - 11:51 AM
2252.5 ES is a must defend short term.
#8
redfoliage2
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Posted 05 January 2017 - 11:55 AM
2252.5 ES is a must defend short term.
VST the minimum downside target is 2240 for ES, and 4880 for NQ.
Edited by redfoliage2, 05 January 2017 - 12:02 PM.
#9
Shaggies_View
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Posted 05 January 2017 - 01:00 PM
2234 Gap fill imho.
Shaggy
#10
redfoliage2
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Posted 05 January 2017 - 01:18 PM
I see a selling is in the cards but it's in a hold status as many big players are still on vacation till next week. Between now and then there may be just choppy actions ........
Edited by redfoliage2, 05 January 2017 - 01:24 PM.
