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VST Signal Update


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#1 redfoliage2

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Posted 15 May 2018 - 09:19 AM

Remaining in Bearish mode..........



#2 redfoliage2

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Posted 15 May 2018 - 09:43 AM

I see the recent technical bounce is done and now time to test the lows again. 



#3 redfoliage2

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Posted 15 May 2018 - 10:49 AM

The ST signal is also turning bearish..................



#4 redfoliage2

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Posted 15 May 2018 - 11:06 AM

At the current price level selling bounces should work better than buying dips............ 



#5 redfoliage2

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Posted 15 May 2018 - 12:39 PM

SPX looks set to test 2676 - 2678 area in the next few days albeit some small bounces..........



#6 redfoliage2

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Posted 15 May 2018 - 01:51 PM

Update

The signal remains in Bearish mode.



#7 libertas

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Posted 15 May 2018 - 01:56 PM

Wake me up when VIX goes through 30



#8 redfoliage2

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Posted 15 May 2018 - 02:24 PM

 

It looks an island reversal

 

http://stockcharts.c...id=p27451360371


Edited by redfoliage2, 15 May 2018 - 02:24 PM.


#9 q4wer

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Posted 15 May 2018 - 02:43 PM

but why iwm small cap is so strong ?



#10 redfoliage2

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Posted 15 May 2018 - 02:53 PM

but why iwm small cap is so strong ?

Because it dropped much more than SPX yesterday and today it's just waiting for SPX to catch up on the downside, so that they can go down further hand in hand............


Edited by redfoliage2, 15 May 2018 - 02:56 PM.