The S&P 500 topped at 3017.8

Did the S&P 500 top at 3017.8 ?

  • Yes I think you are correct

    Votes: 4 18.2%

  • Hell no you are wrong

    Votes: 9 40.9%

  • Who cares Desterio is good people

    Votes: 3 13.6%

  • Who cares Barron is still ripped and shooting for 10% body fat now

    Votes: 2 9.1%

  • Who cares Volente sucks at calling short term SPX tops

    Votes: 4 18.2%
  • Total voters
    22
  • Poll closed .
The best approach is to forget this thread exists, forget Trump exists, ignore the media, pay attention to the S&P monthly bar chart, and rock on.
 
piezoe said:
The best approach is to forget this thread exists, forget Trump exists, ignore the media, pay attention to the S&P monthly bar chart, and rock on.
More...

What does the S&P monthly bar chart tell you for tomorrow's trade direction? Where shall we enter, in what direction, and for how many points as a target?
 
Overnight said:
What does the S&P monthly bar chart tell you for tomorrow's trade direction? Where shall we enter, in what direction, and for how many points as a target?
More...
If you are trying to trade on a minute time scale it tells you nothing of course. (Good luck with that!) It isn't very helpful, though not worthless, with regard to tomorrow either. But it told you that the broad market in equities just made a triple top outside of it's channel and it was time for the market to recede a bit. That little bit of knowledge is invaluable. If you combine what the Monthly bars together with the trend lines drawn upon them are telling you with what the macro economic outlook is telling you -- including composite corporate earnings, you will do very well, at least as long as their is not a sociopathic gangster in the White House.. And by the way, you're welcome.
 
More political lies


Former Trump campaign advisor Stephen Moore: ‘We knew we weren’t going to get 5% growth’
PUBLISHED 2 HOURS AGOUPDATED 8 MIN AGO

Jeff Cox@JEFFCOXCNBCCOM@JEFF.COX.7528





KEY POINTS
  • President Donald Trump knew his policies wouldn’t generate the 5% growth he had promised while campaigning, according to Stephen Moore, former campaign advisor to Trump.
  • “I think Trump is an exaggerator, and I think it gets him in trouble,” said Moore.
  • In March, Trump said he would nominate Moore to an open Federal Reserve governorship but Moore pulled his name from consideration two months later.

https://www.cnbc.com/2019/10/09/stephen-moore-we-knew-we-werent-going-to-get-5percent-growth.html
 
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