Gotta love ZERO RISK in the SP500 = $$$

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Demark 13 from 9/21/2016. I entered short 9/22/2016. (I don't care if you don't believe me)
 
der_kommissar said:
Let's be honest, there hasn't been a "trend" in any classical definition of "trend" in the S&P since probably July...A neverending series of overlapping bars that test the top and bottom of the range for months on end should quash the notion of a trend existing...Nasdaq is a different story, but again, it violently travels between the top and bottom of its range with a few fakeout breakouts for good measure...
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Very true....this market has been stuck tightly in a narrow trading range....it was actually nice to see the Dow edge lower towards 18000 but it looks like buyers stepped back in once again....rinse and repeat over and over.....if buyers were smart they would sit this market out and wait for the 40-50% correction to come and put money to work....these little blips that bring in buyers is truly sad...who wants to buy at Dow 18000 when you can aggressively buy it under 12000
 
der_kommissar said:
So which is it? You posted a monthly SPX chart to suggest the trend is up...Now you've got a TD Sequential chart with the "ship has sailed" beneath it...
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Ship sailed on TD Seq Sell signal daily chart - earlier than other chart posted. Not on the overall trend.

And just like any trade signal other factors determine whether a big or small move should be expected. IMO we have seen the low for the move today or maybe max touch 2090 area. But on a weekly basis TD Seq Sell has hit 12 so soon enough a much bigger trend change could happen. Though obviously no indicator is 100% right.
 
Yep and buyers came back as if they were getting a deal of a lifetime at Dow 18000

Hahahaha


Same thing over and over.. .

Let's see how many corporate buybacks can keep this market afloat going forward....as if buying your own stock back at these levels was the smartest thing to do ....hahha :D:D
 
S2007S said:
Yep and buyers came back as if they were getting a deal of a lifetime at Dow 18000

Hahahaha


Same thing over and over.. .

Let's see how many corporate buybacks can keep this market afloat going forward....as if buying your own stock back at these levels was the smartest thing to do ....hahha :D:D
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Seems like after screaming for 6 years, you are finally missing the move. Time to quadruple down on those IBB puts.
 
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