I have to tell ya, spike, since no one has spoken up, that makes me oh so confident that I am correct!! I thought ET had some crackerjack traders??
S&P 500 looking very toppy
- Thread starter rubberbird
- Start date
I have to tell ya, spike, since no one has spoken up, that makes me oh so confident that I am correct!! I thought ET had some crackerjack traders??
Well, i don't think 1204 will be the top; we will go higher the next days i think.
But i don't known any thing about trading if it goes beyond daytrading.
you know spike, usually i would think there would be an upward bias into a long weekend, especially a patriotic weekend such as July 4th. But, with interest rates a risin thursday, i just don't have that upward bias feelin this time.
I daytrade and swing trade so I watch how they play together. I see 1192.50 (MOST CRITICAL), 1191.50 & 1186.25 as a critical levels of support and if those are broken through then 1146.75 is a realistic target. I picked the same top as the bird
I've followed spikes posts and will follow this one as well with interest. I'm in Bird's corner until I see what happens when price moves back toward 1192.50.
did the bird have it again or did the bird have it again?!
Interest Rates are rising today?
That's news to most of us who actually trade for a living, unlike you and your ego that seeks gratification on the Internet, with your constant ego-stroking now that school is out for the Summer.
Last time I checked, the 30 Year T-Bond was +0'23 and the 10 Year Note was +0'065 TODAY.
The 5 and 2-year notes were also higher.
Smoking crack again, James?
This thread is about the S&P index and it topping out. This thread has nothing to do with interest rates. I've never traded a rate instrument in my life.
That's why the title of this thread is "The S&P looks very toppy".
Do you understand this, lithium joe?
Why so jealous so close to the patriotic weekend?
You and your lithium can cozy up to a good movie
Quote from rubberbird:
This thread is about the S&P index and it topping out. This thread has nothing to do with interest rates. I've never traded a rate instrument in my life.
That's why the title of this thread is "The S&P looks very toppy".
Do you understand this, lithium joe?
Why so jealous so close to the patriotic weekend?
You and your lithium can cozy up to a good movie
Lithium Joe, aka Apex, is still smarting over me catching him trying to perpetrate a lie on ET. The drugs clouded his ability to see a quote posted days earlier. Bird, we really have to show more empathy for the market challenged.
July 4th . . . Rah!
I guess that why traders trade price and not time. I hope you didn't see the price at 10 and go back to bed empee.
i.e. 10 am EDT top from 1207.75 and no looking back the rest of the day.