The S&P 500 is close to bottoming for 2018

[PistolPete]

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

EVERY trade i do is picking a top or bottom on the Timeframe traded , I mean WTF is trading . DO YOU enter where you think is a low or high and if you dont explain what you are doing . I buy because i think its going up and i sell because i think its going down .

 

[themickey]

EVERY trade i do is picking a top or bottom on the Timeframe traded , I mean WTF is trading . DO YOU enter where you think is a low or high and if you dont explain what you are doing . I buy because i think its going up and i sell because i think its going down .

Well there are cautious little people who don't want tops or bottoms, they just want trends.
Not day traders but more investor types.
They hop in after the turns, but like everything, there is a price to pay for entering and exiting late.

 

[pengwu550]

EVERY trade i do is picking a top or bottom on the Timeframe traded , I mean WTF is trading . DO YOU enter where you think is a low or high and if you dont explain what you are doing . I buy because i think its going up and i sell because i think its going down .

yeah, that is true, for me I don't like that because when I try like that I can not catch big trend， i mean every thing can be happened in the market what else when you bottom or top is not actually it is, my be you top is another bottom, that is crazy some times when a top become a bottum

 

[prc117f]

We touched 259.87 then back to 263's today on SPY there is fear and systems and people are stressed so you can expect more panics like a school of fish quickly switch directions at the signs of a great white.

 

[SunTrader]

at the signs of a great white.

and orange tanned too - Drumpf? lol.

 

[prc117f]

and orange tanned too - Drumpf? lol.

LOL Well once the buyback money is done then what? All that repatriation ended up just going to buy back shares. Who will be there to make the market on the bid side?

 

[piezoe]

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

no. short is not safe here.

 

[eurusdzn]

no. short is not safe here.

Is this a market price opinion or are you in the building with a banker?

 

[eurusdzn]

Notice that small caps diverged from other indices.
That is significant price support it is testing here.
TNA was dull today. Observing, no opinion here.

 

[themickey]

USA Mkt gonna slam up Tuesday, that's my call!
Standing by my call, bottom is in.