The S&P 500 is close to bottoming for 2018

[volente_00]

I expect SPY at 252-253 in 10 days

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

 

[destriero]

Damn that black box for missing the top by 1 point

Uh huh. I love the story where you lost 70 ES in three hours on Volente's Bar and Grill. That was awesome.

 

[destriero]

Long from 2695 avg on ES

Objective 1 is 2753.75

lol objective 2 is discarded as it's also a paper target on a paper trade.

 

[PistolPete]

Chart as above View attachment 193048

10% correction this far , not even as deep as feb yet . 200ma is history now . Dont think we are done

 

[FriskyCat]

10% correction this far , not even as deep as feb yet . 200ma is history now . Dont think we are done

The secondary indicies have just been relentless selling since September. Russell 2000 barely blinked at the 200ma, broke the trendline from 2016 with ease. New York Composite same thing (also never got back to January highs).

 

[SunTrader]

SPX breaking all kinds of support, real and imaginary. Let's see what it does at double bottom trendline. Thursdays in a downtrend often are rally days. Whether it does or another day I expect another dead cat bounce at some point.

 

[prc117f]

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

I see it crossing under. We are not done yet. Still sitting on cash waiting.

 

[TrendSpider_Dan]

Most certainly hanging around at support

 

[pengwu550]

it is meaningless for a trader to guess the botton or top, every thing will be OK, if you put yourself in a safe situation

 

[SunTrader]

And safe right now is short. Reminder we are talking about traders. Not hodlers.