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Still BULLISH, support @ 2620/11 & 2632


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#1 dTraderB

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Posted 13 February 2018 - 08:44 AM

Market still looks bullish short-term. Some support at about 2632 and stronger support zone at 2620/11

 

What the bears need is a rip-roaring rollicking rally that sends the S&P Futures above 2740, VIX below 20, VXX below 35 and a return of the "downturn is over, bulls are back" complacency. Will consider going short if above supports are taken out. 

I am daytrading S&P and NQ Futures using my very basic Tilson, SAR, StochRSI chart. 

 

Mediu and Long term still bearish but these are almost meaningless in the current market environment and a WH that is totally unpredictable and in turmoil.


Edited by dTraderB, 13 February 2018 - 08:46 AM.


#2 dTraderB

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Posted 13 February 2018 - 08:57 AM

Geopolitical events can crash this market. Mid-East heating up again.

 

https://www.bloomber...ghters-in-syria

Damascus warns Israel of 'more surprises' in Syria

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