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VST Signal Update


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#1 redfoliage2

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Posted 09 January 2018 - 10:27 AM

Currently in Bullish mode.  SPX made a breakout at 2748 this morning.



#2 redfoliage2

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Posted 09 January 2018 - 10:35 AM

As long as 2748 holds it can just keeps making new highs.  But if it went back down below 2748 then a VST top may be in.  Let's see ..................


Edited by redfoliage2, 09 January 2018 - 10:44 AM.


#3 redfoliage2

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Posted 09 January 2018 - 11:39 AM

On Friday there will be several big banks to report.  If the earnings fail to match the anticipation the market will get a real problem then ................


Edited by redfoliage2, 09 January 2018 - 11:40 AM.


#4 redfoliage2

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Posted 09 January 2018 - 03:53 PM

The signal turned into Neutral.



#5 redfoliage2

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Posted 10 January 2018 - 09:41 AM

The signal is in Bearish mode.................



#6 redfoliage2

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Posted 10 January 2018 - 10:45 AM

As SPX dropped below 2748 this morning yesterday's move turned out to be a fake-out.  Looking down below the near term support is at 2723.


Edited by redfoliage2, 10 January 2018 - 10:49 AM.


#7 redfoliage2

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Posted 10 January 2018 - 10:57 AM

As SPX dropped below 2748 this morning yesterday's move turned out to be a fake-out.  Looking down below the near term support is at 2723.

So yesterday's high is likely a top.


Edited by redfoliage2, 10 January 2018 - 10:59 AM.


#8 redfoliage2

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Posted 10 January 2018 - 02:21 PM

The signal remains in bearish mode even though this morning's down gap got filled in a mini b wave...................



#9 redfoliage2

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Posted 10 January 2018 - 02:31 PM

VST expect the mini c wave takes SPX to around 2720.



#10 redfoliage2

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Posted 11 January 2018 - 09:48 AM

Neutral now