Currently in Bullish mode. SPX made a breakout at 2748 this morning.
VST Signal Update
Started by
redfoliage2
, Jan 09 2018 10:27 AM
9 replies to this topic
#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.
