So... tomorrow is key...

[SoyUnGanador]

I feel like tomorrow is the turning point. Up big, the down game is probably all over. Up small or flat or down, more PAIN to come. What say you???

 

[David's faith]

Dead cat bounce rally if the Fed doesen't show any dovishness aka only small hikes predicted. Severe sustainable rally if they do.

 

[sebking1986]

You'd think they have to raise rates but been saying that for months now.

 

[David's faith]

Bear trap under double top....

 

[Peter8519]

Tomorrow is just another day. I won't dare to predict what will happen tomorrow. Upward direction is often set in a calmer market environment. The opposite is true in a volatile environment. Turning point is where new lows are getting less or new highs are getting less.

 

[SoyUnGanador]

So, looks like right on queue, the market is up big on the (expected) announcement today that they will raise rates. Seems great market advice - whenever the market sells off huge based on some expected event (fed announcement that they will raise rates), buy when that event actually occurs or is about to occur (it looks like the announcement is coming this afternoon). Profit ching ching ching.

 

[SoyUnGanador]

^^^^^^^^^^^^^^ I was not here, I did not say that.

 

[SoyUnGanador]

Bear trap under double top....

Hmmmm.... this man may know....

 

[murray t turtle]

I feel like tomorrow is the turning point. Up big, the down game is probably all over. Up small or flat or down, more PAIN to come. What say you???

%%
YES;
end of week should be turning point, spxs/SPXL/spxu.....................................upro,tecl[EDIT i dont believe in bear traps or bull traps because most bears or bulls are not that stupid, even though the yougsters maybe ,]