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#11 redfoliage2

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Posted 16 November 2017 - 09:50 AM

Update:

VST signal now is in Bullish mode.



#12 dowdeva

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Posted 16 November 2017 - 10:24 AM

Red,

 

I very rarely take trades based on another trader's comments, but I took a long yesterday based on your posts (and my personal indicators, also). Just closed it at a nice profit, thank you. I also started adding ISEE data to my daily research.

 

There was another Hindenburg omen, but because of holidays, only result may be to put us in a trading range.

 

Best regards,

 

~D

 

Edit: OEX calls yesterday were very high, another factor for my long


Edited by dowdeva, 16 November 2017 - 10:26 AM.


#13 redfoliage2

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Posted 16 November 2017 - 10:30 AM

Red,

 

I very rarely take trades based on another trader's comments, but I took a long yesterday based on your posts (and my personal indicators, also). Just closed it at a nice profit, thank you. I also started adding ISEE data to my daily research.

 

There was another Hindenburg omen, but because of holidays, only result may be to put us in a trading range.

 

Best regards,

 

~D

 

Edit: OEX calls yesterday were very high, another factor for my long

Dowdeva:  Thanks for your kind comments, and congratulations for your winning trade.


Edited by redfoliage2, 16 November 2017 - 10:32 AM.


#14 redfoliage2

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Posted 16 November 2017 - 10:45 AM

VST there are two things at my focus:  1.  The House vote on the tax bill sometime today and it's likely to pass; and 2.  OpEx Friday tomorrow and I expect it to be a bullish Friday as usual. 


Edited by redfoliage2, 16 November 2017 - 10:47 AM.


#15 redfoliage2

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Posted 16 November 2017 - 11:01 AM

Target for today 2586, then wait for the House vote................


Edited by redfoliage2, 16 November 2017 - 11:11 AM.


#16 redfoliage2

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Posted 16 November 2017 - 11:12 AM

Possible upside target for SPX today 2586, then wait for the House vote................


Edited by redfoliage2, 16 November 2017 - 11:13 AM.


#17 redfoliage2

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Posted 16 November 2017 - 11:53 AM

VST signal now at Neutral..............



#18 redfoliage2

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Posted 16 November 2017 - 12:41 PM

VST signal now back to Bullish mode.  SPX broke out on multiple resistances at 2580 and 2586.



#19 redfoliage2

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Posted 16 November 2017 - 12:44 PM

Candlestick patterns (Doji then island reversal) indicate an ST bottom was in yesterday:

 

 


Edited by redfoliage2, 16 November 2017 - 12:51 PM.


#20 redfoliage2

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Posted 16 November 2017 - 01:53 PM

VST there is a high probability of re-testing the recent high.   It may be as soon as tomorrow................


Edited by redfoliage2, 16 November 2017 - 01:53 PM.