19 replies to this topic

[redfoliage2]

In bearish mode.

[redfoliage2]

With bellwethers done with reporting this market really got no incentives left to go up.

Edited by redfoliage2, 03 May 2018 - 08:42 AM.

[redfoliage2]

SPX 200 ma succumbed..........

[redfoliage2]

Now let's see if SPX 2600 holds or not today.  I see there is a 50% chance it may hold ............

Edited by redfoliage2, 03 May 2018 - 10:45 AM.

[12SPX]

Now let's see if SPX 2600 holds or not today.  I see there is a 50% chance it may hold ............

 

Thats a safe call lol!!  I think this range bound market is going to last for awhile to come!!

[redfoliage2]

 

Now let's see if SPX 2600 holds or not today.  I see there is a 50% chance it may hold ............

 

Thats a safe call lol!!  I think this range bound market is going to last for awhile to come!!

 

Now I see a 80% chance that 2600 will hold.

[redfoliage2]

Update:

The signal turned from bearish into Neutral.

Edited by redfoliage2, 03 May 2018 - 11:45 AM.

[redfoliage2]

Update:

The signal is turning Bullish.

From the sudden 30 plus SPX point reversal it looks that the market was hit by some good news...............

Edited by redfoliage2, 03 May 2018 - 12:05 PM.

[redfoliage2]

Update at the close:

The signal closed the day in Bullish mode.

[redfoliage2]

The signal is at Neutral.

The market is doing a VST consolidation on the gains from yesterday's huge intra-day reversal.