The bounce was done. VST signal just turned into Bearish from Neutral.
Now a gap-down looks more probable for tomorrow.
Edited by redfoliage2, 21 September 2017 - 01:33 PM.
My FF
Started by
redfoliage2
, Sep 21 2017 01:27 PM
29 replies to this topic
#2
redfoliage2
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Posted 21 September 2017 - 01:37 PM
I'm not sure if this is a major top, but I think it's some kind of a top. This market is entering a period of correction. For dip buyers there will be deeper dips .............
Edited by redfoliage2, 21 September 2017 - 01:45 PM.
#3
fib_1618
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Posted 21 September 2017 - 02:25 PM
This market is entering a period of correction. For dip buyers there will be deeper dips .............
Not likely...this is just a pause to refresh before we see even higher highs.
Fib
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#4
typicalbear
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Posted 21 September 2017 - 02:42 PM
I'm not sure if this is a major top, but I think it's some kind of a top. This market is entering a period of correction. For dip buyers there will be deeper dips .............
I believe the market is learning that it will receive little to nothing from Washington.
#5
trioderob
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Posted 21 September 2017 - 10:54 PM
Friday will be a big down day
#6
melonseed
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Posted 22 September 2017 - 08:11 AM
I think if ES clears 2500 again Fib might be right. It shall decide soon. For now it does look rather bearish. But I'm on the long side
Edited by melonseed, 22 September 2017 - 08:14 AM.
Trade safe.
#7
CLK
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Posted 22 September 2017 - 08:33 AM
NYAD is not 100%. It did not help in 2010, 18% Nasdaq drop in 2 weeks.
Edited by CLK, 22 September 2017 - 08:33 AM.
#8
OEXCHAOS
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Mark S. Young
Posted 22 September 2017 - 08:42 AM
New highs soon are virtually a certainty, if you believe the Actual Position Poll yesterday.
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#9
redfoliage2
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Posted 22 September 2017 - 08:43 AM
This market is entering a period of correction. For dip buyers there will be deeper dips .............
Not likely...this is just a pause to refresh before we see even higher highs.
Fib
It's going to be a 2% down ST "pause", and 10% down IT "pause".
#10
redfoliage2
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Posted 22 September 2017 - 08:50 AM
"They" jack it up just to unload, and "they" know the correction has started.................
