Hey everyone,
I was stopped for 2.5 points / contract on ES yesterday when we broke 800 but didn't hold it.
The trend is clearly up yet the fundamentals suggest we're still in a bear market.
Soros was quoted recently about the "inevitability" of commerical property falling some 30%.
It's difficult to imagine the absolute worst is behind us; not to say this rally can't go a bit higher.
SO, here's my question to our trading community.
Which price will mark the TURNING POINT for the S&P 500?
VOTE on my poll.
GL!
I was stopped for 2.5 points / contract on ES yesterday when we broke 800 but didn't hold it.
The trend is clearly up yet the fundamentals suggest we're still in a bear market.
Soros was quoted recently about the "inevitability" of commerical property falling some 30%.
It's difficult to imagine the absolute worst is behind us; not to say this rally can't go a bit higher.
SO, here's my question to our trading community.
Which price will mark the TURNING POINT for the S&P 500?
VOTE on my poll.
GL!