The signal is in Bearish mode.
Edited by redfoliage2, 12 November 2018 - 09:35 AM.
Posted 12 November 2018 - 09:33 AM
The signal is in Bearish mode.
Edited by redfoliage2, 12 November 2018 - 09:35 AM.
Posted 12 November 2018 - 09:38 AM
NYAD gapped up while SPX gapped down, added to hedge for today. If price decouples from internals regularly, the market is in trouble.
Posted 12 November 2018 - 09:44 AM
VST I see SPX 200 dma around 2763 will not hold as NAZ and RUT already below it.
Posted 12 November 2018 - 09:47 AM
Long day back up to test Globex highs is what I think.
Posted 12 November 2018 - 09:49 AM
We are in a monthly OpEx week, a time with high probability for a mini-crash with the current market conditions.................
Posted 12 November 2018 - 10:05 AM
VST I see SPX 200 dma around 2763 will not hold as NAZ and RUT already below it.
With SPX lost 200 dma at 2763 it was set to test the targets at 2730 and 2700 next.............
Edited by redfoliage2, 12 November 2018 - 10:06 AM.
Posted 12 November 2018 - 10:24 AM
VST I see SPX 200 dma around 2763 will not hold as NAZ and RUT already below it.
With SPX lost 200 dma at 2763 it was set to test the targets at 2730 and 2700 next.............
However, if bulls are able to reclaim SPX 200 dma my outlook will be different ................
Posted 12 November 2018 - 10:45 AM
Posted 12 November 2018 - 12:13 PM
Update
The signal now turned ino Neutral.
Posted 12 November 2018 - 04:32 PM
The signal closed the day at Neutral.....................