S&P to end year higher than current 1224.6

S&P will close year higher than current 1224.6 level

  • Yes, the S&P will be higher than 1224.6 eoy

    Votes: 39 65.0%
  • The S&P will be lower than 1224.6 eoy

    Votes: 14 23.3%
  • not sure

    Votes: 7 11.7%

  • Total voters
    60
Quote from jj_:

I still maintain that this (the 200DMA) is more important. 1224, what's that all about? Meaningless.

Transports triple top failure at 5050. Until this is taken out it's a sell on rallies IMO.

hey jj evans, the only reason I did 1224 was that was the price when i started this thread.

What is the S&P figure of the 200 day moving average? You are probably right that is more important. thanks for posting here and for your answer (I do not follow moving averages closely).
 
SPX 200MA is at about 1259. Significantly, it is below the current price. It therefore looks pretty certain that the year will close with the SPX above its 200MA.

Also transports probing that triple top failure as I type. Currently I think 5046.
 
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