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VST Update


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#11 CLK

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Posted 31 January 2018 - 10:46 AM

What was the official "reason" for the sell off ?  I don't buy just because it was technically overbought, had to be a catalyst.



#12 CLK

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Posted 31 January 2018 - 10:53 AM

Nothing will happen until the Fed is done.



#13 redfoliage2

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Posted 31 January 2018 - 10:56 AM

What was the official "reason" for the sell off ?  I don't buy just because it was technically overbought, had to be a catalyst.

It was rumored that some funds were doing the end of month rebalancing.  If this is the case, then the selling should end today and the beginning of a month usually bullish.  I guess they are looking to buy by now.............


Edited by redfoliage2, 31 January 2018 - 10:58 AM.


#14 redfoliage2

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Posted 31 January 2018 - 11:35 AM

The signal remains in Bullish mode despite the move to fill the gap.  So, I'd expect the market to go up in the afternoon with a HOD.

For the next two days of the week I expect a big bounce from here...............


Edited by redfoliage2, 31 January 2018 - 11:43 AM.


#15 redfoliage2

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Posted 31 January 2018 - 01:39 PM

The Fed statement at 2 pm, it may cause a spike in the market.



#16 redfoliage2

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Posted 31 January 2018 - 02:30 PM

The signal turned Neutral.



#17 redfoliage2

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Posted 31 January 2018 - 03:59 PM

The end of month selling due to some fund rebalancing is likely done by now.  Looking for an up day tomorrow.


Edited by redfoliage2, 31 January 2018 - 04:02 PM.


#18 redfoliage2

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Posted 01 February 2018 - 09:52 AM

The signal turned into bearish mode.



#19 redfoliage2

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Posted 01 February 2018 - 11:34 AM

The signal turned Neutral now..........



#20 redfoliage2

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Posted 01 February 2018 - 11:39 AM

VIX looks weak today ............