The S&P 500 will top at 3250

[volente_00]

The multi year trendline is ~ 3070 SPX

Using my above/below generates 3029

 

[volente_00]

quite frankly this fall looks more like a shakeout …...than a huge distribution.

it was likely that no one was buying the highs so lack of liquidity made the market look below.

be that as it may HTF is this market to be traded?.

EDIT
I keep reminding myself that the market will always tempt you with a thousand Ferraris with a 1000 virgins in them, if and only if ,you sell low and buy high.

I almost got my hands on those a thousand times

Short the rips
Buy the dips

 

[padutrader]

Short the rips
Buy the dips

I want to kiss you

my Ferrari is coming

 

[volente_00]

The only remaining gaps below are 2950 and 2650


While it's possible I just don't see the retest of the break out failing on the first attempt
Of the 3030-2950 area.


A hold of this area still opens up a run back to 3340,3375 and even a run to 3500 to complete the objective

 

[volente_00]

I want to kiss you

my Ferrari is coming

Ask yourself why the whales need it to go down and you will find your answer

 

[padutrader]

The only remaining gaps below are 2950 and 2650


While it's possible I just don't see the retest of the break out failing on the first attempt
Of the 3030-2950 area.

this fall stinks what is SEC doing

 

[padutrader]

why the whales need it to go down

they will give you peanuts and then take your nuts

 

[padutrader]

Short the rips
Buy the dips

yep you need a lot of understanding in the world to do this.

I have heard the whales have taken out a mafia contract on you, for giving away their secrets
stay safe

 

[Spooz Top 2]

this fall stinks what is SEC doing

Padu, It`s not the SEC`s job to do anything to "save' the market... They simply regulate.

PPT is what your looking for....

 

[padutrader]

I do not know how long it will take......

expect 3900 from here and then 2500

you have a volatile President so should not the market follow his lead.

yeah this is a joke ...but I would not be surprised to see it come true

 

[padutrader]

They simply regulate.

well such volatility should be looked into....and you will soon hear news that they are.

markets -the most liquid market in the world- cannot do this.

unless it is no longer liquid.

why is it not liquid!

why put money at work when mere words will do