The S&P 500 will top soon at 2925-2930

Will the S&P 500 top at 2925-2930 ?

  • Hell yes your short term top will be correct again

  • Hell no the bull market will set new all time highs and trade above 3000

  • You're still a fool for STFT

  • Who cares Desperado trades Billion dollar FX accounts recruited from twitter

  • Baron is still 12% body fat and will kick your a$$


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Good question, and although you didn't ask me, here is my take:

We have a doubletop on the monthly chart with RSI divergence, also reaching the top of its BB. Now the Muller report being released today might just provide the catalyst for the turn.

Even on the daily chart for the last 2 months we have higher highs but the RSI isn't going higher, it is actually diverging slightly. At least a temporary pullback is in order.
Oh how I love these calls, can't wait for the results.
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Don’t count on any major intraday reversal yet. This latest PB is probably just a minor reversal only good for short scalping. If one desires to short.
 
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