The S&P 500 has topped at 2430 on 6/1/17
- Thread starter volente_00
- Start date
Anyone want to see me back some calls ?
At 10:30ET, the NYSE-TRIN went from 1.35 to 1.00; you posted the above a good half-hour later? I hope you've covered your shorts.
(In a normal market, with two days of questionable *fundamental* data, a Tweety-bird in the White House *ruining* his party's agenda, a fresh U.S. Fed opinion that tightening is in order, world-wide wackery lending upset pretty much *everywhere*..... we should be down a full percent or more, *easy*. 2400, even. But we're not. In fact (as I type this), we're *precisely* where we were when you opened the thread x-many days ago. Still here. 2430. Hello?)
This is NOT a normal market; I very much hope you're harvesting these sub-1% moves. And if you're just having fun -- we're laughing. But if you're *serious*?? We're still laughing, just ruefully. Best wishes.
The (shortish) lengths of those last two wicks don't exactly inspire courage.... I'm no candle-worshiper, but having long-ass wicks is a pretty sound indicator. (You can see it in the turns of just what you've posted.)
Maybe, but it's not a definitive sign, what's more important, to me, is continuous bounces=buying interest, then u just hope & hold.
Anyone want to see me back some calls ?
https://www.elitetrader.com/et/threads/s-p-has-topped-or-volente_00-will-leave-et.78096/
Rofl. He has been calling tops on S&P for the last decade. Oh boy.
And we are nearly at new ATH again. Is the OP going to start a 3rd thread in a row as 'this time the top is in'