23 replies to this topic

[redfoliage2]

The signal now turning bearish..............

[redfoliage2]

Now it's in Bearish mode.

[redfoliage2]

Neutral now.

[redfoliage2]

The signal now got back in Bullish mode.

Edited by redfoliage2, 06 March 2018 - 01:03 PM.

[redfoliage2]

Let's see SPX will get above 2730 today.  If it does we should see more upside from there.................

Edited by redfoliage2, 06 March 2018 - 01:09 PM.

[redfoliage2]

The signal is remaining in Bullish mode.

It looks to me that the SPX 2730 resistance will be overcome even if it does not happen today.  On longer term view the market looks going higher..............

But the chance for SPX to close at HOD is still good.

Edited by redfoliage2, 06 March 2018 - 02:41 PM.

[redfoliage2]

The signal remaining in Bullish mode at the close today.

[redfoliage2]

Market hit by Cohn resigning news and so we are going to see a big gap down.

Edited by redfoliage2, 07 March 2018 - 04:07 AM.

[redfoliage2]

Market hit by Cohn resigning news and so we are going to see a big gap down.

Since the news was expected the damage should be limited.  Without this expectation yesterday SPX would have taken out the immediate resistance at 2738. 

Let's see if this dip gets bought quickly once the cash market opens and the gap gets filled as the event is behind now.

Edited by redfoliage2, 07 March 2018 - 05:22 AM.

[redfoliage2]

The signal is currently at Neutral.