The S&P 500 topped at 3481

[Pekelo]

If you sell the November instead, that expires after the election, when a market drop is pretty much guaranteed, no matter who wins. (because of violence and uncertainty)

 

[noddyboy]

I’m not going to start another thread
Looks like I was early and stopped out but we’re still topping here according to my indicators

I’m building a swing short in ES from 3550 to 3589


And selling SPY October expiration 350 to 360 call strikes on this run up


Objectives are still 3401 and 3281

I know that it will probably fall on deaf ears but I really think you should go long...maybe with a stop-and-reverse. Unlike many here, I am actually trying to help.

 

[vanzandt]

Fwiw.....

https://elitetrader.com/et/threads/es-journal-2019-2020.328086/page-2854#post-5193478

 

[destriero]

I know that it will probably fall on deaf ears but I really think you should go long...maybe with a stop-and-reverse. Unlike many here, I am actually trying to help.

lol this aged poorly.

 

[Bugsy]

I’m not going to start another thread
Looks like I was early and stopped out but we’re still topping here according to my indicators

Of course your indicators are overbought. The market is in a sharp parabolic vertical wedge. That doesn't equate to a top. This could easily extend for months.

I find myself amazed at people who constantly try to call tops and bottoms rather than just go with the prevailing trend.

 

[Buy1Sell2]

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

 

[bone]

OK, you're stopped out on 3481 per your OP. Time to start a new thread with a new top. For the how many hundredth 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

 

[bone]

You'll learn eventually. Stopped out. Time for a new thread calling a new top. There are literally over a thousand threads calling tops the past several years, btw.

I agree with your call Volente, including your target and your stop.

 

[Bugsy]

You'll learn eventually.

Not sure if I'd put money on that outlook tbh.

 

[volente_00]

VIX fixing to get woke