The S&P 500 is close to bottoming for 2018

[volente_00]

Current range is now 2648-3050 for rest of 2018

Market continuing to churn as we wait for nov 6 to pass

 

[volente_00]

What's bullish short to medium term? I don't see it.

Draw the spx on yearly

 

[Pekelo]

We are going to have a double bottom today, let's see what the RSI says when we open...

 

[volente_00]

We are going to have a double bottom today, let's see what the RSI says when we open...

Not sure about double but I think clean the stops under the oct 11 low and then run stops above
DEMTDAYBOYZ want green

 

[Pekelo]

Well, RSI is higher indicating bullishness...

 

[volente_00]

Long from 2695 avg on ES

Objective 1 is 2753.75

 

[SunTrader]

Weally?

 

[destriero]

Long from 2695 avg on ES

Objective 1 is 2753.75

lol sure you are.

 

[destriero]

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

It's BOTTOMS all the way down.

 

[volente_00]

Long from 2695 avg on ES

Objective 1 is 2753.75

BE stop at 2695