21 replies to this topic

[redfoliage2]

The signal now turned into Neutral from bearish mode.

[redfoliage2]

Market actions indicate that SPX 2700 is providing a strong support.  

http://www.traders-t...l-update/page-3

[redfoliage2]

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.

[CLK]

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.

[redfoliage2]

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.

[redfoliage2]

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.

[redfoliage2]

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.

[CLK]

Closed some more Puts on this retest.

[redfoliage2]

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.

[redfoliage2]

2700 support collapsed.  Now let's see 2680 can hold or not, this looks going to be another big down day.................