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VST Signal Update


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#1 redfoliage2

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Posted 07 March 2018 - 03:14 PM

In Bullish mode.



#2 redfoliage2

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Posted 07 March 2018 - 03:16 PM

Instead of late afternoon selling it's afternoon buying, the market behavior has changed. 


Edited by redfoliage2, 07 March 2018 - 03:17 PM.


#3 redfoliage2

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Posted 07 March 2018 - 03:17 PM

From the market performance today it's obvious this market wants to go up.  I'm looking for a gap up tomorrow..............


Edited by redfoliage2, 07 March 2018 - 03:23 PM.


#4 redfoliage2

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Posted 07 March 2018 - 03:26 PM

The message I received from the market today:

VST SPX is poised to challenge the upper end of the recently established range:  2780 - 2800 by the end of OpEx Friday.


Edited by redfoliage2, 07 March 2018 - 03:28 PM.


#5 cycletimer

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Posted 07 March 2018 - 03:38 PM

I agree, I believe the lows are now in for this multi-week move down.  Today's low was news-related which is a temporary event.


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#6 redfoliage2

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Posted 07 March 2018 - 04:10 PM

Just a heads up:

OpEx next week that is bullish biased; 

After next week it's time for the EOQ windows dressing run;

Then it's time for a pre-earnings run up........................

Probably that's why the market shrugged off the Cohn's news, mounted an intra-day reversal, and closed higher today.


Edited by redfoliage2, 07 March 2018 - 04:13 PM.


#7 Waver

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Posted 07 March 2018 - 04:18 PM

I agree, I believe the lows are now in for this multi-week move down.  Today's low was news-related which is a temporary event.

Lows are in and now expect a multi-week move down?  If the lows are in why would the market move more down?  Typo?



#8 redfoliage2

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Posted 08 March 2018 - 10:52 AM

Neutral now.



#9 redfoliage2

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Posted 08 March 2018 - 10:59 AM

It may have to do some consolidation here before further north.  As long as SPX 2720 holds bulls should be okay on the way to the ST target 2780 - 2800.


Edited by redfoliage2, 08 March 2018 - 11:07 AM.


#10 redfoliage2

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Posted 08 March 2018 - 11:23 AM

So far it looked just a consolidation on the fly.............