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$$

Results are only viewable after voting.
If it's a top worth selling (like the last 600 point drop) - one can enter on the first decent sell signal. No need to pick the top in advance, especially in a rising market.

The market can stay irrational longer than... and all that stuff.
 
The bear reality per bones chart.

03DF2EC2-F3D8-4B71-99FF-D257965B5D61.png


DBDE7ACF-9AB7-440C-95D6-CAC60A063FD3.gif
 
Last edited:
bone said:
Rational and lucid point. Timing markets without confirming price action is a fools errand. Look at the hundreds of failed threads over the years in this regard.
More...
Yes, but it's good for the market, the more dumb and reckless the better.
And the entertainment makes up for the otherwise boring existence.
I can't help but be fascinated by train wrecks.
 
volpri said:
The BO was south in form of a broad channel when it took place. Now Friday 26th it is just in a range that will sooner or later BO north or south. LOL. ES is still in an uptrend. By no means has it become a bear as of yet. Odds favor it will BO above 2940 so I wouldn’t dance and sing too much yet. ROFLMAO. But this broad sideways ranges makes for good intraday trading in both directions.
More...
volpri said:
Remember bear channels are bull flags. And they usually resolve in a continuation of the bull trend. If the unlikely happens and they DON’T then best to make haste go with whatever happens. Because, in such an unlikely case there will probably be a measured move down.

Nevertheless, odds favor a northern BO of the bear channel and the now present range behaviour. However, the longer the range goes without a BO the odds increase the BO can be in any direction. At the present moment they favor a bull BO.
More...
Remember......bear channels are bull flags....seems like we went above 2940...ROFLMAO

6FC974C8-BD3E-4691-8591-A439D3F83E50.jpeg
 
Last edited:
Come on guys, NQ is over its highs, you know people are shorting ES...... Micro E-minis coming soon..... you'd be surprised how many retail people like to short. Add in the mental fact that they can double and triple down on there micro e-mini short to average in and still be under a contract..... what could go wrong with such low risk short right? Seems like a good setup to force some short covering to me. The odds that we don't go to at least to 2956.50 on the ES before any major pullback is really really slim.

Not like I'll take a trade based on a prediction or assumption. I'll still wait for a setup intra-day that mathematically makes sense. But if I was forced to predict, I'd have to go with we're setting up for a nice short cover rally very soon.
 
You must log in or register to reply here.
Back
Top