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This Chart Not Looking Good for Bulls


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#1 redfoliage2

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Posted 29 January 2018 - 07:14 PM

http://stockcharts.c...id=p24770174726

 

I think it's about time to do something on the short side............


Edited by redfoliage2, 29 January 2018 - 07:23 PM.


#2 redfoliage2

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Posted 29 January 2018 - 11:15 PM

SPX futures tanking again.............


Edited by redfoliage2, 29 January 2018 - 11:15 PM.


#3 redfoliage2

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Posted 30 January 2018 - 09:26 AM

Correction time.  Expect a gap down and stay down day.   My VST target is SPX 2800.  It can get lower for longer term though.............


Edited by redfoliage2, 30 January 2018 - 09:30 AM.


#4 redfoliage2

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Posted 30 January 2018 - 09:40 AM

Currently both VST signal and ST signal are in bearish mode.



#5 kinga200

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Posted 30 January 2018 - 11:41 AM

Correction time.  Expect a gap down and stay down day.   My VST target is SPX 2800.  It can get lower for longer term though.............

With margin debt at historical highs, the selling might feed upon itself.