Jump to content



Photo

Two Events to Watch Today


  • Please log in to reply
21 replies to this topic

#11 ryanoo

ryanoo

    Member

  • Traders-Talk User
  • 660 posts

Posted 22 March 2018 - 09:38 AM

WH to announce tariffs on China;

Congress on passing the budget.

Trump will follow W and cause a deeper recession.  

It seems that Trump relies on his temper and Powell on his guts

in making economic and monetary policy decisions, hard to

find confidence.



#12 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 22 March 2018 - 10:18 AM

These two stories are fine...

 

but the market is trading on European Banking worries...IMO.

 

Pull up a chart of GS today...

 

Check that out.

 


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#13 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 22 March 2018 - 11:04 AM

And the NYSI is falling so everyone knows which side of the market to be on.

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#14 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,022 posts

Posted 22 March 2018 - 11:09 AM

VST the market in deep oversold conditions.

VST signal now at neutral.


Edited by redfoliage2, 22 March 2018 - 11:12 AM.


#15 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 22 March 2018 - 11:12 AM

 

WH to announce tariffs on China;

Congress on passing the budget.

Trump will follow W and cause a deeper recession.  

It seems that Trump relies on his temper and Powell on his guts

in making economic and monetary policy decisions, hard to

find confidence.

 

 

 

The value of your country is the value of your currency, and the value of your currency is a vote by the entire world on your country every day.

 

THE US DOLLAR


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#16 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,022 posts

Posted 22 March 2018 - 11:43 AM

I see this little bounce just provided another selling opportunity...............

VST target SPX 2650.



#17 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,022 posts

Posted 22 March 2018 - 11:49 AM

It's said that a list of Chinese products subjected to tariffs will be out within 15 days.

https://www.usnews.c...rump-on-tariffs


Edited by redfoliage2, 22 March 2018 - 11:59 AM.


#18 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,022 posts

Posted 22 March 2018 - 12:00 PM

https://www.npr.org/...ariffs-on-china



#19 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,022 posts

Posted 22 March 2018 - 12:14 PM

VST signal back into bearish mode.

ST signal also turned into bearish mode.


Edited by redfoliage2, 22 March 2018 - 12:14 PM.


#20 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,022 posts

Posted 22 March 2018 - 12:35 PM

VST neutral now.  Bouncing again...........