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VST Signal Update


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#11 typicalbear

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Posted 03 July 2018 - 08:46 AM

Alert:  NAZ and SPX are forming a H&S bottom on the hourly chart............

 

The head of a reverse H&S should be the low of the move...in this case it's part of a horizontal triangle and not the low.



#12 redfoliage2

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Posted 03 July 2018 - 08:52 AM

 

Alert:  NAZ and SPX are forming a H&S bottom on the hourly chart............

 

The head of a reverse H&S should be the low of the move...in this case it's part of a horizontal triangle and not the low.

 

Yes, it's an inverted H&S bottom and I forgot to type "inverted" in the previous posts.


Edited by redfoliage2, 03 July 2018 - 08:52 AM.


#13 redfoliage2

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Posted 03 July 2018 - 09:09 AM

Update

The signal remains in Bullish mode.



#14 redfoliage2

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Posted 03 July 2018 - 10:04 AM

Neutral now.

I think due to the shortened trading day the rally is delayed to Thursday.


Edited by redfoliage2, 03 July 2018 - 10:12 AM.


#15 redfoliage2

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Posted 05 July 2018 - 01:04 PM

Update

the signal is currently at Neutral.



#16 redfoliage2

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Posted 05 July 2018 - 01:06 PM

It looks we may see a late day selling today, and expect index futures and global markets to go sharply lower tonight.


Edited by redfoliage2, 05 July 2018 - 01:14 PM.