The S&P 500 will top at 3250

[volente_00]

My current ES range is now 3253 to 3168

 

[volente_00]

So far Volente has been right, with a little presidential help.

Beginners luck

 

[Overnight]

My current ES range is now 3253 to 3168

A 95-point- ange going into what should be a crazy earnings season? Yer high.

 

[volente_00]

It's easier to go down a hill than up it
but the view is much better at the top

 

[RedDuke]

It's easier to go down a hill than up it
but the view is much better at the top

Wrong. When you go up the hill in a Jeep (Fed) it is very easy.

 

[misterkel]

No, I was not trading back then. But have the markets not exceeded the tops of 2007/2008? There is no true "top", a ceiling that will never be breached.

Great! I'm buying Enron Monday morning!

 

[Nine_Ender]

So far Volente has been right, with a little presidential help.

Like he was right all the other times; until he wasn't and got stopped out. Meanwhile, you could have just traded my call to hold SPX til it hit 3200 in 2019 and actually made money. I honestly don't get some of you; you seem to glorify losing traders and can't see the bigger picture at all.

 

[CannonTrading_Ilan]

I am probably wrong on this one ...but if I stick to my stats/methods i see a test of 3400 (3396....) based on the monthly chart....Just a longer term view, I like to use trades based on daily/weekly when it comes to options and much lower time frames for day-trading like range bar charts, 9-12 ticks range bars on the ES

 

[Nine_Ender]

I went to cash today with my investment funds respecting the Middle East crisis and the recent strength in the CDN$.

 

[murray t turtle]

So you are basically saying that the S&P will go up only 10 more points, heading into Q4 earnings in January, and then correction ensues. Hmm. I do not think the top is in yet. How can this January be weak with all the retail spending going on during the holiday season? Amazon reported a whisper of "best holiday traffic to date".

%%
That;
+ frankly i was exspecting more of a doWn move on SPY,QQQ. but that Was Wrong;; so a wrong call can be a helpful clue also . Looks like THEY may go up till May; NOT a prediction; a TREND comment. DOW could easy top in Jan....................................................................