The S&P 500 will top next at

[bone]

Here's the thing about these relentless higher highs and higher lows. Eventually something has gotta' give here on the long side.

Agree totally and completely. But contrarian timing the market with this breed of price action is piss poor risk/reward.

 

[volente_00]

Shorted ES 2513
Stop 2519
Objective is open

 

[theapprentice]

Could work for a few points with a bit of luck, but we will be at 2550 rather soon

Any dip will be very small

 

[Pekelo]

I think we will top (again) next Mo-Tu, new money coming in at the start of the new month. On the daily chart there is still room before reaching the upper BB. About 7-8 pts...

 

[bone]

Higher highs and higher lows... so classic.

Holds a trend line on the Weekly like a champ.

Very shallow corrections - vintage accumulation pattern.

 

[volente_00]

Shorted ES 2513
Stop 2519
Objective is open

Stopped


Reshorted avg 2521.5
Stop is 2527

 

[volente_00]

Stopped


Reshorted avg 2521.5
Stop is 2527

Stopped

 

[volente_00]

Shorted 2527.25
Stop is 2600

Long term swing objectives are


2402
2282
2184

 

[theapprentice]

long 2531

 

[bone]

Shorted 2527.25
Stop is 2600

Long term swing objectives are


2402
2282
2184

I'm pleased to see you give yourself a bit more macro latitude for your premise to work out - love the targets. I wish you good fortune.