Significance to S&P 1115.1 ?

Do you think there is significance to S&P 1115.1 ?

  • Yes

    Votes: 14 43.8%

  • No

    Votes: 18 56.3%
  • Total voters
    32
You see? I told you we'd rally. It wasn't much but we rallied.

Next prediction: We gap up tomorrow. For your sake, I hope we don't skip over your 1115.1 + 1%.
 
Quote from woody anderson:

The market began 2010 at 1115.1 and that's exactly where it made a high today and backed off. I think there is significance that the S&P got back to break-even and that's it.

Do you think there is a significance to S&P 1115.1 and that it serves as resistance now ?
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Go check the lows of the last three days (March 2,3 and 4) in the SPX March futures... if that's not manipulation, I don't know what is.
 
Quote from Petsamo:

You see? I told you we'd rally. It wasn't much but we rallied.

Next prediction: We gap up tomorrow. For your sake, I hope we don't skip over your 1115.1 + 1%.
More...

Futures already through it.
 
Probably land somewhere between s$p 1150-1200 before people start taking profits, remember also that on Monday the markets are usually UP 99.9% of the time so don't even bother taking profits today. Keep buying into the close.
 
ok I be out of all longs for now. :) good luck to the rest of longers
Its not a great proposition to stay in or out, so I'm out now

es 1134


i think next week could be down
then week after up
I'd rather not try my luck up here.
 
Unless we get massive selloff before Friday's close, we gap up Monday. I wouldn't be holding shorts over the weekend, if I were you.
 
Quote from indahook:

Significant, I agree. But I dont agree with the resistance portion of your analysis. I think we push higher, but thats neither here nor there.
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Done near term.
 
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