9 replies to this topic

[redfoliage2]

Turned into Bullish mode.

[redfoliage2]

ST signal also turned into Bullish mode..............

[redfoliage2]

The wind may have changed and buying dips should work better than selling bounces this week.

[redfoliage2]

VIX has reversed down:

 

http://stockcharts.c...id=p82083250439

[redfoliage2]

T stock market is rallying on an earnings run.  The superb earnings have relieved concerns from the over-blown geopolitical events and the market has become used to periodic nuisance from Washington politics..............

Edited by redfoliage2, 17 April 2018 - 09:18 AM.

[redfoliage2]

Update

VST turned Neutral now.

[redfoliage2]

I expect a pullback/consolidation late afternoon or tomorrow to reset the VST over-bought conditions..........

Edited by redfoliage2, 17 April 2018 - 11:01 AM.

[redfoliage2]

IBM to report after hours, it may miss though.............

Edited by redfoliage2, 17 April 2018 - 02:18 PM.

[redfoliage2]

IBM went down more than 5% as of now in after hours with its disappointing report:

https://www.cnbc.com...gs-q1-2018.html

Edited by redfoliage2, 17 April 2018 - 03:32 PM.

[CLK]

I saw the Dow looked weak near the close.