Jump to content



Photo

VST Signal


  • Please log in to reply
2 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 13,272 posts

Posted 22 May 2020 - 09:31 AM

Currently at Neutral.

But bulls may still get a chance later today ........................



#2 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 13,272 posts

Posted 22 May 2020 - 10:58 AM

The market is waiting for a "stimulus" to resume running higher, and this may be the one in the cards:

 

https://www.reuters....SKBN22X2VY?il=0


Edited by redfoliage2, 22 May 2020 - 11:00 AM.


#3 pdx5

pdx5

    Member

  • Traders-Talk User
  • 7,164 posts

Posted 22 May 2020 - 01:45 PM

The market is waiting for a "stimulus" to resume running higher, and this may be the one in the cards:

 

https://www.reuters....SKBN22X2VY?il=0

Thanks for that link. Important news events are affecting this news driven market. I am more tuned in to the news than charts based on past data and past experience when market conditions were more normal. There is nothing "normal" right now. 15% unemployment reached in 3 short months is not normal. 40 Million jobs lost in 3 months is not normal. The bat Virus is not normal. 100,000 Americans dead in 3 months is not normal. $3,000,000,000,000 stimulus package passed quickly over a weekend is not normal. Fed is printing money at rates which are not normal. Trade safe all you guys. Do not over-extend in either direction based on normal charts and news which nobody can see in their crystal glass.


Edited by pdx5, 22 May 2020 - 01:47 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule