The S&P 500 is close to bottoming for 2018

[piezoe]

But 100 points in my book is an awful wide zone to look for support with SPX - actually anything more than 10 points is.

I am a long term swing trader these days and I tend to rely a great deal on the monthly chart.

 

[volente_00]

SPX touch of 2591-2600 is within reason based on current modeling

My Current ES range is 2730-2682

 

[murray t turtle]

We are close to putting in a bottom for 2018. I say they s&p will bottom in the 2750-2759 area for 2018 with 2% deviation. A close below 2695 will void this thread. My Spx range for the rest of 2018 is 2696 to 3056

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Close call+and accurate; weekly close on SPY charts.DOW theory+ average strong seasonals could power it up more ??I like small caps ETF's but there is more risk maybe for longs there; but @ least this week some buy volume came in,QQQ also.$275 area=200 dma on SPY; not a prediction. Last hour was bearish on SPY.