Is S&P forming intermediate term double top?

IS S&P forming an intermediate term double top ?

  • Yes

    Votes: 40 41.7%
  • No way

    Votes: 33 34.4%
  • I don't like you or these polls

    Votes: 23 24.0%

  • Total voters
    96
Expiration week hopefully will have volatility, but doubt it can push the S&P close to the double top at S&P 1220.

The double top continues to form.
 
Quote from fly down:

The high in April was 1219.8

It is my belief that the S&P is forming an intermediate term double top around 1220. This does not mean it will not go abit higher than 1220. I think the formation now is in the process of forming a top.

So should zig zag abit around 1220 as the top forms.

In spite of Nine Ender's denigrating comment, the SP is POSSIBLY forming a double top at 1220-ish. It's technically and strategically reasonable to play for same.... it's one of those things you "guess at".
 
Quote from Scataphagos:

In spite of Nine Ender's denigrating comment, the SP is POSSIBLY forming a double top at 1220-ish. It's technically and strategically reasonable to play for same.... it's one of those things you "guess at".
This is not a 50/50 guess. Double tops on the S&P have always proven to be reliable , consistent working patterns.
 
Quote from fly down:

This is not a 50/50 guess. Double tops on the S&P have always proven to be reliable , consistent working patterns.

Who said it was "50-50"? Certainly not I.
 
Quote from Scataphagos:

Who said it was "50-50"? Certainly not I.
I apologize sir.

Your comment "its one of those things you guess at" was misunderstood by me that you implied it was a coin flip or "guess".
 
Quote from fly down:

An S&P index double top has proven time and again to be a most reliable pattern.

in two years we have had a dozen double top failures.... and not one succeed
 
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