Stock Market Trendlines Being Broken
Stock-Markets / Stock Markets 2018 Jan 25, 2018 - 06:33 PM GMTIt appears that the Ending Diagonal trendline may be broken in the SPX at 2830.00. This is your initial aggressive sell signal. The VIX is on an aggressive sell and Hi-Lo is not. Use your discretion and do a partial short until we get confirmation with the VIX over 12.81 and the Hi-Lo beneath the trendline.
The NDX has already broken its trendline. Just to be safe, I would use a decline beneath 6880.00 to trigger a partial short position. We can fill the rest of the position when confirmation comes.
Regards,
Tony
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