The S&P 500 topped at 3481

Did the S&P 500 top at 3481 ?

  • Hell yea

  • Hell no

  • Who cares you’re still an idiot

  • Who cares destereo makes 14 figures a day trading micro minis for his fund


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Futures at 3522.25. Time for a new thread. Again. For the XXXXth time.

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
 
And here I thought it was because of electing a pro-bitnis bankrupt "billionaire" who pushed through the $1T tax cut to the 0.1 percenters and reduced regulation to corporations. CNBC head spinners said so last 3 years while almost never mentioning the debt consequences. But then again that pales in comparison to what came next. And what is to follow.
 
Get long, dude.
These 'top' threads area always silly.
Your chances of success ar minisucule when you consider the market is designed to go up and we WILL, with 100% certainty be at 5k on the ES in a matter of a year or 2.
All pullbacks will be fairly small and a buying opportunity unless there is a freak occurrence like Covid was.
But that's dnoe now. Should be all upside now for the next 20 years or so
Never forget that the markers are under control by powerful people who want prices to keep going up at all costs



Candles i recall many many moons ago you looked like a pro playing hot potato with ES


And then your last long was 1500 plus and you disappeared for long time as spx fell to 666 from there


Since your call is to buy at a top , where where would one Place their stop ?
 
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This market is incredibly bullish at the moment. Too bullish - some may say. Even irrational.

We made new ATHs this week and closed at top of the range. Not only that - but we have 5 consecutive higher weekly closes where the low came early in the week.

The last 4 times this have happened in recent times the market made a new high the next week and closed higher 3/4 times.

So, on that basis alone there's no strong bearish bias yet.



All bear markets started at ATH
 
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