S&P 500 looking very toppy

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I read threads where Don Bright is threatening legal action. Other threads have cat fights galore. Others have endless bickering and nonsense.

But this thread, which speicifically makes a call about a technical pattern, that is very, very relevant to EVERYONE who trades, is engulfed in silence.

Does anyone have any guts to stick his chin out and make a technical market call? Please show me some grapefruits someone, anyone.

It's too bad, this site is going down the toilet. Way too much nonsense here.
 
As they said in Animal House "Don't worry man, he's on a roll"!!

But, I agree, if it gets below 960 (especially on a close), watch out below. We could see 870 or even 830 within days!
 
Yeah I meant support. I don't know about 100 pts in a few days, I would expect something a little more resonable like 60-80 pts in a month or so.
 
Baggerlord and Howellpar.

Scary thought: I agree with you!

My guess is it will break 960, and hold at around 935, temporarily.
 
I will personally enjoy the little crash, shorting all the way down, but I do fear it will scare away a lot of the "dumb" money that has joined the market as of late. I do hope they stick around for a while! BTW I recently graduated out of the dumb money category(I hope! :) ) so I mean this as nice as possible.
 
a symetrical triangle pattern (continuation) could still forming on SPX from what had loked like an ascending triangle!?

If so.. we see 1040-50 first

Just bringing it up for discussion.

Ice
:cool:
 
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