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VST Update


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#1 redfoliage2

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Posted 30 January 2018 - 01:01 PM

at neutral right now.  If the signal is right, we have seen the LOD.



#2 redfoliage2

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Posted 30 January 2018 - 01:21 PM

Now I'd expect a bounce instead of further down.  If we don't see a bounce later today it's vey likely we will see it tomorrow...........



#3 redfoliage2

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Posted 30 January 2018 - 01:43 PM

I went covered ES shorts and no point to hold it overnight in front of the president's SofU speech as he regardes the stock market reflects his performance.  Remember he is also in charge of the PPT.  I'm now on hedged ES long expecting a bounce soon................


Edited by redfoliage2, 30 January 2018 - 01:46 PM.


#4 redfoliage2

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Posted 30 January 2018 - 02:12 PM

My FF for tomorrow is for a gap up and likely a short squeeze, that's what usually happens in a bull market after a big down.  I have to say it's still a bull market that has not topped yet.  A bull market usually shows double top when it has topped.


Edited by redfoliage2, 30 January 2018 - 02:18 PM.


#5 CLK

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Posted 30 January 2018 - 02:44 PM

They can't bounce it today and waste trapping the new put buyers.



#6 redfoliage2

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Posted 30 January 2018 - 03:01 PM

They can't bounce it today and waste trapping the new put buyers.

My gut feeling tells me they will engineer a squeeze either tomorrow or Thursday the latest.  It's still a bull market and three consecutive down days not allowed............


Edited by redfoliage2, 30 January 2018 - 03:04 PM.


#7 redfoliage2

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Posted 30 January 2018 - 03:19 PM

 

They can't bounce it today and waste trapping the new put buyers.

My gut feeling tells me they will engineer a squeeze either tomorrow or Thursday the latest.  It's still a bull market and three consecutive down days not allowed............

 

 VST signal still at Neutral since about noon time.  I see the next turn will be to Bullish side as the internals already turned around while market was down big today.


Edited by redfoliage2, 30 January 2018 - 03:24 PM.


#8 redfoliage2

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Posted 30 January 2018 - 10:35 PM

The president did ask for $1.5 trillion for rebuilding nation's infrastructure in his SOTU speech.  It looks that we will get a rally tomorrow.


Edited by redfoliage2, 30 January 2018 - 10:44 PM.


#9 redfoliage2

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Posted 31 January 2018 - 09:59 AM

The signal started turning Bullish..............



#10 redfoliage2

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Posted 31 January 2018 - 10:44 AM

The signal is currently in Bullish mode.