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VST Signal Update


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#1 redfoliage2

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Posted 02 October 2013 - 09:42 AM

From Bearish to Neutral. I covered for a VST trade. Expect it to bounce up in the afternoon.........

Edited by redfoliage2, 02 October 2013 - 09:43 AM.


#2 redfoliage2

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Posted 02 October 2013 - 10:10 AM

From Bearish to Neutral.
I covered for a VST trade.
Expect it to bounce up in the afternoon.........


There is a good chance that we see the indices close in green today.
If the indices close in red today, it's highly probable that tomorrow will be an up day .......

Edited by redfoliage2, 02 October 2013 - 10:13 AM.


#3 redfoliage2

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Posted 02 October 2013 - 12:53 PM

It's a tug of war. Bulls bring it to the resistance in the day and bears pull it to the support at night ......

Edited by redfoliage2, 02 October 2013 - 12:58 PM.


#4 redfoliage2

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Posted 02 October 2013 - 01:10 PM

It's a tug of war. Bulls bring it to the resistance in the day and bears pull it to the support at night ......


I can hold an ES or NQ short position overnight at this price level, but can you hold a long position overnight in this environment? If market recovers all the early loss by the close I see a gap down tomorrow is almost certain. Market is not stable when VIX is above 15 ..............

Edited by redfoliage2, 02 October 2013 - 01:14 PM.