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VST Signal Update


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#11 redfoliage2

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Posted 29 October 2018 - 01:04 PM

Still at Neutral.



#12 redfoliage2

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Posted 29 October 2018 - 01:06 PM

For longer term I see the market should stabilize in this week and there is likely a big relief rally after Nov 6th.


Edited by redfoliage2, 29 October 2018 - 01:06 PM.


#13 redfoliage2

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Posted 29 October 2018 - 01:23 PM

In bearish mode now.

After the close Earnings worries .........



#14 redfoliage2

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Posted 29 October 2018 - 03:12 PM

Either the PPT stepped in or corporate buyback programs triggered off, just to explain why SPX jumped up 40 points from the low in the final 20 min. 


Edited by redfoliage2, 29 October 2018 - 03:19 PM.


#15 redfoliage2

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Posted 29 October 2018 - 03:18 PM

The signal closed the day at Neutral.



#16 redfoliage2

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Posted 29 October 2018 - 03:22 PM

Either the PPT stepped in or corporate buyback programs triggered off, just to explain why SPX jumped up 40 points from the low in the final 20 min. 

Also it could be due to shorts covering at this level...................



#17 redfoliage2

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Posted 29 October 2018 - 03:51 PM

Now we are at a very interesting juncture:  either a crash or a big reversal in the next few days................



#18 redfoliage2

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Posted 29 October 2018 - 07:21 PM

Now we are at a very interesting juncture:  either a crash or a big reversal in the next few days................

Looking on the daily charts I see a big outside day on SPX, NASDAQ, DJ, and as well as on VIX.   This looks to me that a reversal is imminent.


Edited by redfoliage2, 29 October 2018 - 07:24 PM.


#19 redfoliage2

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Posted 30 October 2018 - 01:12 PM

Update
Currently Neutral