Futures are bright red!

Stocktracker · Mar 5, 2017

Futures are red tonight; is it the start of the down draft? Any thoughts?

recession2016 · Mar 5, 2017

Stocktracker said:
Futures are red tonight; is it the start of the down draft? Any thoughts?

probably another false hope for the bears

Money Trust · Mar 5, 2017

You consider this to be the beginning of the end despite the down day (all 2 hours of it) being extremely small compared to the recent upmoves? For all that we know, the markets may have fully reversed and be up significantly by tomorrow morning.

sle · Mar 5, 2017

35bps? That's not red, that's barely pink

ajacobson · Mar 5, 2017

North Korean missile test - I would have expected more of a reaction.

vanzandt · Mar 5, 2017

ajacobson said:
North Korean missile test - I would have expected more of a reaction.

Monday/Tuesday(?) just turned green.
Then sell. Nothing to do with NK.
Fundamentals will send this market south.
NK just ran it up one last time.
-vz

algofy · Mar 5, 2017

Down 10? Not even a half percent down.

ET180 · Mar 5, 2017

Rate hike concerns? Thought that was already priced in. North Korea uncertainty?

eganon69 · Mar 5, 2017

Personally, I don't think this is a major market top but my analysis suggests a short term top within a major uptrend. I have more sell signals than buy signals in what I am looking at. We could hover for a bit but I am not putting new money to work here. S&P of 2200 not out of the realm of possibilities.

Update of a chart I have posted in the past.

ET180 · Mar 5, 2017

eganon69 said:
Personally, I don't think this is a major market top but my analysis suggests a short term top within a major uptrend. I have more sell signals than buy signals in what I am looking at. We could hover for a bit but I am not putting new money to work here. S&P of 2200 not out of the realm of possibilities.

Update of a chart I have posted in the past.

View attachment 171354

What catalysts do you see sustaining the major long-term uptrend?