Currently Bullish ..................
VST Signal
Started by
redfoliage2
, May 29 2020 02:06 PM
8 replies to this topic
#2
redfoliage2
-
- Traders-Talk User
- 17,999 posts
Member
Posted 29 May 2020 - 02:14 PM
Regarding SPX back-testing the 200 ma - it briefly touched the 200 ma line just before 1 pm and bounced up from there .................
Edited by redfoliage2, 29 May 2020 - 02:14 PM.
#3
redfoliage2
-
- Traders-Talk User
- 17,999 posts
Member
Posted 29 May 2020 - 03:00 PM
The VST signal terminated at 4 pm.
#4
q4wer
-
- Traders-Talk User
- 2,175 posts
Member
Posted 29 May 2020 - 05:16 PM
3130 next week, because they locked up a lot of short shares and ready to slaughter , this is how they treat the rest, day in day out.
#5
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 29 May 2020 - 09:18 PM
Zero interest rates can create bull markets. How many times we have seen that?
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#6
Dex
-
- Traders-Talk User
- 2,692 posts
Member
Posted 29 May 2020 - 10:05 PM
Zero interest rates can create bull markets. How many times we have seen that?
Never that I remember. You?
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#7
redfoliage2
-
- Traders-Talk User
- 17,999 posts
Member
Posted 30 May 2020 - 08:31 AM
We have seen in the last week the end of month windows dressing, and now I expect to see a pullback in early June ...................
#8
K Wave
-
- Traders-Talk User
- 26,604 posts
Member
Posted 31 May 2020 - 08:25 AM
3130 next week, because they locked up a lot of short shares and ready to slaughter , this is how they treat the rest, day in day out.
Could very well be...
That was a massive battle at NQ 9400, that the bulls convincingly won at the end of the day on Friday.
Within spittin' distance of the All Time High now there, and will not be surprised if they get it there next week.
That said, if they don't, and 9400 gets breached, then we have possible lower high in place, and multiple swing time frames will start to roll back over under 9400.
Hourly 900 on SPX has flipped from bear mode to bull mode as of Friday, so as long as 3K continues to hold, higher prices certainly very possible.
But again, back under 3K and we could have a breakout/fakeout situation on our hands.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#9
redfoliage2
-
- Traders-Talk User
- 17,999 posts
Member
Posted 31 May 2020 - 05:52 PM
It looks a Bearish signal for Monday's cash market ..................
Edited by redfoliage2, 31 May 2020 - 05:54 PM.
