9 replies to this topic

[redfoliage2]

Currently at Neutral.

[redfoliage2]

The fear-greed index at the extreme:

http://money.cnn.com...fear-and-greed/

 

The odds are we see a good bounce next week.

Edited by redfoliage2, 23 March 2018 - 12:29 PM.

[libertas]

Market is absorbing a lot of sell programs, I'm guessing the phones have been ringing off the hook at the fund companies and they're raising cash. But there's no evidence of panic selling that I can see. So I would agree, yes, a bounce but I don't think it will go that far unless someone starts a serious squeeze.

[Shaggies_View]

Hardly the bounce I was looking for - seems that mkt still hasnt found a short term bottom

[libertas]

GMTFO?

[redfoliage2]

VST signal closed the day in bearish mode.

[redfoliage2]

Chance for a Black Monday has increased.............

[Shaggies_View]

No reaction at 200dma

[redfoliage2]

Now it looks more likely that SPX 200 dma will hold, which was able to hold in the February low.  So, more likely the market will reverse up tomorrow..................

Edited by redfoliage2, 25 March 2018 - 06:08 PM.

[redfoliage2]

There has been some positive development over the weekend and now it looks a big up day for tomorrow.  I'd not be surprised if SPX goes up 30 points.