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VST Update


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#1 redfoliage2

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Posted 01 March 2018 - 10:30 AM

The signal now turned into Neutral from bearish mode.



#2 redfoliage2

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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 redfoliage2

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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 CLK

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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 redfoliage2

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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 redfoliage2

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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 redfoliage2

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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 CLK

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Posted 01 March 2018 - 12:38 PM

Closed some more Puts on this retest.



#9 redfoliage2

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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 redfoliage2

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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.................