The S&P 500 topped at 3481

[SimpleMeLike]

Thank you Donald Trump and your team for making the stock market go upwards. This really helps us regular people.

 

[Relentless]

Thank you Donald Trump and your team for making the stock market go upwards. This really helps us regular people.

Pretty sure he's talking about it going down boss.

 

[ET180]

Today we reached my final objective from the short killing ride from 2200

I say the S&P has topped at 3481 and will not close over 3516 before it touches 3280

As always 1% deviation stop on the trade

good luck my friends

I think it keeps going a bit further. Not sure where, probably at least touches 3500. Nice round number. Depends on what the Fed says as they control the market.

This guy is more accurate than I have been in predicting market direction:

 

[noddyboy]

Today we reached my final objective from the short killing ride from 2200

I say the S&P has topped at 3481 and will not close over 3516 before it touches 3280

As always 1% deviation stop on the trade

good luck my friends

There is no stop. There will be another top thread at 3517 and so on.

 

[SunTrader]

I've learned over the years in order to spot a reversal a PA signal has to be given and then confirmed also by PA. Not a particular number hit.

 

[bone]

Yep. Timing a market without confirming price action is about the most shit risk/reward there is. Up there with Powerball and lightening strikes.

I've learned over the years in order to spot a reversal a PA signal has to be given and then confirmed also by PA. Not a particular number hit.

 

[bone]

The market is reacting to the US Covid Daily Case Data Trend, not a Fibo Extension or an RSI oscillator.

Today we reached my final objective from the short killing ride from 2200

I say the S&P has topped at 3481 and will not close over 3516 before it touches 3280

As always 1% deviation stop on the trade

good luck my friends

 

[noddyboy]

Yep. Timing a market without confirming price action is about the most shit risk/reward there is. Up there with Powerball and lightening strikes.

At least Lightning strikes you can make happen with a long iron rod.

 

[Thor]

I've learned over the years in order to spot a reversal a PA signal has to be given and then confirmed also by PA. Not a particular number hit.

Depends on the skill of the guy doing it. I've seen reversals happen within pennies of the target, at other times price just zooms past.
Anyone with only a 50% hit rate is still streets ahead of the rest of the crowd who have no clue.

3481 looks good........does possess the qualities to make it a high.

 

[SunTrader]

Depends on the skill of the guy doing it. I've seen reversals happen within pennies of the target, at other times price just zooms past.
Anyone with only a 50% hit rate is still streets ahead of the rest of the crowd who have no clue.

3481 looks good........does possess the qualities to make it a high.

Although over the years I've bought LOD or near enough and flip side sold HOD or so it wasn't by calling the reversal. Just from spotting certain things and being lucky.

Longer term, daily or higher, calling out numbers is just that - unless someone can show their bankable results. PA on the other hand doesn't need show anything but the way.

Bull markets (and Bear ones) have many head fakes - whether or not important numbers are reached. Without confirmation risk is not minimized to the right level.