The signal now turned into Neutral from bearish mode.
VST Update
#1
Posted 01 March 2018 - 10:30 AM
#2
Posted 01 March 2018 - 10:38 AM
Market actions indicate that SPX 2700 is providing a strong support.
http://www.traders-t...l-update/page-3
#3
Posted 01 March 2018 - 11:33 AM
Sopped out at 2710 with a 7 point profit. Let's see if 2700 to be tested again..................
Edited by redfoliage2, 01 March 2018 - 11:34 AM.
#4
Posted 01 March 2018 - 11:34 AM
I'm seeing signs of a big rally building into Friday up to maybe 2770, closed some quality Puts and am now hedged on the rest.
#5
Posted 01 March 2018 - 11:58 AM
Still Neutral. This market is unable to breakout of today's trading range, but still too early to say.............
Edited by redfoliage2, 01 March 2018 - 12:05 PM.
#6
Posted 01 March 2018 - 12:07 PM
It looks that it really wants to test SPX 2700 again. Let's see if it can hold this time............
Edited by redfoliage2, 01 March 2018 - 12:09 PM.
#7
Posted 01 March 2018 - 12:18 PM
The signal now back into bearish mode................
If the 2700 support gets broken this time next stop is 2680.
Edited by redfoliage2, 01 March 2018 - 12:19 PM.
#8
Posted 01 March 2018 - 12:38 PM
Closed some more Puts on this retest.
#9
Posted 01 March 2018 - 12:39 PM
So late day selling started earlier today? Once 2700 support is broken 2680 may provide somewhat a support. It looks another 30 SPX point loss for the day..................
Edited by redfoliage2, 01 March 2018 - 12:45 PM.
#10
Posted 01 March 2018 - 01:04 PM
2700 support collapsed. Now let's see 2680 can hold or not, this looks going to be another big down day.................