Just turned into Bearish mode............
VST Signal Update
Posted 06 July 2018 - 10:59 AM
The market looks having a" buy the news" mode after the US-China trade war fired the first shots. However, there are still another boot to drop from the trade war. Expect Trump to announce another 200 billions tariffs on Chinese imports soon. The market is currently way over-bought.
Edited by redfoliage2, 06 July 2018 - 11:03 AM.
Posted 09 July 2018 - 09:21 AM
The signal is currently at Neutral.
SPX was immediately rejected by a strong resistance at 2776.