When it's bearish I will be selling; but when it's Neutral, I don't sell and don't buy as I always either hedged or has a tight stop. Right now I'm holding my ES long with weekly puts to cover.
Got it !
Posted 17 November 2017 - 10:30 AM
When it's bearish I will be selling; but when it's Neutral, I don't sell and don't buy as I always either hedged or has a tight stop. Right now I'm holding my ES long with weekly puts to cover.
Got it !
Posted 17 November 2017 - 10:44 AM
I believe that the ST bottom was in on Wednesday and I expect SPX to at least test 2600 or even new highs next week:
Edited by redfoliage2, 17 November 2017 - 10:46 AM.
Posted 17 November 2017 - 12:07 PM
The broad market internals also indicating ST bottom was in. I see NYMO soon will be back into the positive territory that will indices further higher. This should happen either today or next Monday...........
Edited by redfoliage2, 17 November 2017 - 12:14 PM.
Posted 17 November 2017 - 12:42 PM
VST still Neutral.
We got a consolidation at high today, and it should end before the day session ends...........
Edited by redfoliage2, 17 November 2017 - 12:52 PM.
Posted 17 November 2017 - 01:47 PM
Seeing this little consolidation at high now I see a good up day set up for next Monday. VST still at Neutral and we are watching the paint drying. I will post the signal at the close today.
Edited by redfoliage2, 17 November 2017 - 01:48 PM.
Posted 17 November 2017 - 03:34 PM
Edited by redfoliage2, 17 November 2017 - 03:34 PM.
Posted 17 November 2017 - 03:57 PM
Edited by redfoliage2, 17 November 2017 - 03:58 PM.
Posted 17 November 2017 - 06:27 PM
However, this still looks just a consolidation and Id not get too Bearish for next week as the internals improved a lot in the recent two days, and holding up very well.
Posted 18 November 2017 - 11:00 AM
Edited by redfoliage2, 18 November 2017 - 11:09 AM.