Jump to content



Photo

VST Update


  • Please log in to reply
13 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,897 posts

Posted 07 December 2017 - 11:13 AM

The signal is currently in bullish mode.

It turned into Neutral by the close yesterday and turned into bullish this morning.  See my previous post.


Edited by redfoliage2, 07 December 2017 - 11:17 AM.


#2 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,897 posts

Posted 07 December 2017 - 11:45 AM

SPX has spent past several days doing consolidation and has built an ST bottom around 2620 to 2633.   Now let's see how far north it will go from this base.  It may go above 2660 to re-test the recent high, or make new highs, or this may be just an ST bounce to somewhere below 2660.............


Edited by redfoliage2, 07 December 2017 - 11:48 AM.


#3 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,897 posts

Posted 07 December 2017 - 12:49 PM

Expect the bounce to continue tomorrow .................



#4 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,897 posts

Posted 07 December 2017 - 02:40 PM

The signal turned into Neutral ...........



#5 salam

salam

    Member

  • Traders-Talk User
  • 988 posts

Posted 07 December 2017 - 03:14 PM

Think we close at the lows Red


I'm not sure what my future holds... But I know who holds it.

#6 salam

salam

    Member

  • Traders-Talk User
  • 988 posts

Posted 07 December 2017 - 03:26 PM

Think we close at the lows Red

But I have been wrong before!


I'm not sure what my future holds... But I know who holds it.

#7 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,897 posts

Posted 07 December 2017 - 03:28 PM

 

Think we close at the lows Red

But I have been wrong before!

 

Some profit taking, but I'd not be surprised if tomorrow the bounce continues..............



#8 salam

salam

    Member

  • Traders-Talk User
  • 988 posts

Posted 07 December 2017 - 03:50 PM

Need to close below 2632 for me to remain in the ST bearish camp


I'm not sure what my future holds... But I know who holds it.

#9 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 10,897 posts

Posted 07 December 2017 - 04:10 PM

I concur.


Edited by redfoliage2, 07 December 2017 - 04:11 PM.


#10 LarryT

LarryT

    Member

  • Traders-Talk User
  • 992 posts

Posted 07 December 2017 - 07:29 PM

possible wave "iv" in progress, 2644 is the "b" wave bounce line in the sand. Stalls there expect a second drop toward 2600 to 2580. Still expecting 2800 and higher into Mar-May-2018.


"If you are going to be dumb you gotta be tough"

Twitter site

d:^)