31 replies to this topic

[redfoliage2]

Just turned from Neutral to Bearish.....................

[redfoliage2]

For longer term:

ST in Bearish mode

IT in Bearish mode

 

The bounce was done and the IT correction just started

Edited by redfoliage2, 01 August 2018 - 11:10 AM.

[blustar]

I agree

[redfoliage2]

VST SPX 2800 will be tested again, but this time it won't hold.  I see SPX 2770 in a few days..............

Edited by redfoliage2, 01 August 2018 - 01:15 PM.

[CLK]

I think there is a Trump/elections put under the market. The market turned down ugly from a breakout

headed for new highs and they won't let it drop now.

 

I moved from the 15th 281P to the 24th 283P, this is taking too long.

Edited by CLK, 01 August 2018 - 02:51 PM.

[CLK]

The institutional traders never saw this coming, look at the call buying bar on the 26th, they got short big the next day but the move was almost done, now they are scrambling to push it higher because they didn't properly front-run it.

 

 

Edited by CLK, 01 August 2018 - 03:01 PM.

[redfoliage2]

VST SPX 2800 will be tested again, but this time it won't hold.  I see SPX 2770 in a few days..............

 

The extended ST target is at 2750.................

Edited by redfoliage2, 02 August 2018 - 07:52 AM.

[redfoliage2]

Today bulls will be fighting to defend the key support at SPX 2800.  Let's see who will win...........................

Edited by redfoliage2, 02 August 2018 - 08:37 AM.

[redfoliage2]

Today bulls will be fighting to defend the key support at SPX 2800.  Let's see who will win...........................

 

The VST signal is currently at Neutral.

A bounce is a bounce but the trend is down............

Edited by redfoliage2, 02 August 2018 - 11:44 AM.

[redfoliage2]

The signal closed the day at Neutral.

Edited by redfoliage2, 02 August 2018 - 05:18 PM.