Neutral.
I see a pullback is in the cards..........
VST Signal Update
Started by
redfoliage2
, Apr 18 2018 11:13 AM
6 replies to this topic
#2
CLK
-
- Traders-Talk User
- 10,787 posts
Member
Posted 18 April 2018 - 11:28 AM
VIX was way ahead of the market, it had to have a bounce to realign, 70% chance of being wrong shorting this week, I'd say
higher than that off IT lows. I'd rather wait for the turn than get out and chase higher tomorrow or Friday.
#3
redfoliage2
-
- Traders-Talk User
- 18,022 posts
Member
Posted 18 April 2018 - 01:40 PM
Spx up with internals down and vix up. This is a perfect setup for the last day run up for the OPEx week. I see tomorrow will be a down day, maybe a big down day.
Edited by redfoliage2, 18 April 2018 - 01:40 PM.
#4
CLK
-
- Traders-Talk User
- 10,787 posts
Member
Posted 18 April 2018 - 01:51 PM
Rotational correction, Q's got crushed this morning now making new highs while IWM backed off, SPX
catching up too.
#5
Data
-
- Validating
- 2,618 posts
Member
Posted 18 April 2018 - 01:56 PM
Actual volatility has been rising on this rally. VIX is at 55% discount.
#6
redfoliage2
-
- Traders-Talk User
- 18,022 posts
Member
Posted 19 April 2018 - 08:47 AM
The signal turned into bearish mode.................
#7
redfoliage2
-
- Traders-Talk User
- 18,022 posts
Member
Posted 19 April 2018 - 03:41 PM
The signal closed the day at Neutral.
