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

[tommcginnis]

This double top in SPX is very similar to the 1550's one from a decade ago

https://duckduckgo.com/?q=science+meme&t=ffsb&iax=images&ia=images

 

[S2007S]

I think with news out that China will do anything and everything to retaliate against the tariff hikes will cause more market jitters this week ..... anticipating lots of volatility again this week.

 

[S2007S]

I think with news out that China will do anything and everything to retaliate against the tariff hikes will cause more market jitters this week ..... anticipating lots of volatility again this week.

Yep just as I predicted. Futures opening down almost 1%!!!!!

These tariffs are going to destroy consumer spending as the only ones that are going to be touched by these tariffs will be the American consumer. All added tariffs will trickle down to the consumer as businesses add all increases to their products they will sell to us. Perfect ...

 

[themickey]

Yep just as I predicted. Futures opening down almost 1%!!!!!

These tariffs are going to destroy consumer spending as the only ones that are going to be touched by these tariffs will be the American consumer. All added tariffs will trickle down to the consumer as businesses add all increases to their products they will sell to us. Perfect ...

I luuuuvvvvv predictions.
Where will ES be in an hours time?

 

[noddyboy]

Yep just as I predicted. Futures opening down almost 1%!!!!!

These tariffs are going to destroy consumer spending as the only ones that are going to be touched by these tariffs will be the American consumer. All added tariffs will trickle down to the consumer as businesses add all increases to their products they will sell to us. Perfect ...

The thing is both sides are unlikely to make a deal and so the pit is bottomless. It can just keep escalating because there are two infinite egos.

 

[S2007S]

I luuuuvvvvv predictions.
Where will ES be in an hours time?

Down and then maybe up...but then up and maybe down...

 

[S2007S]

The thing is both sides are unlikely to make a deal and so the pit is bottomless. It can just keep escalating because there are two infinite egos.

Right ...which will be great for trading. I'm waiting for the vix to surge above 30+++

 

[noddyboy]

Right ...which will be great for trading. I'm waiting for the vix to surge above 30+++

The reports from China show that Xi thinks that his term is eternal while Trump is less than 2 years left. He thinks he can wait it out, so crossed out everything in the agreement. Back to square one. They are not even close.

 

[S2007S]

POLITICS
China is raising tariffs on $60 billion of US goods starting June 1
PUBLISHED MOMENTS AGO


And there you have it...China now raising tariffs on $60 billion of US goods starting June 1st


And there you have it...trade war is now on.

Markets hate uncertainty so get ready for huge huge volatility ...

And to think this was supposed to end months ago. Remember when they said they were days away from a trade deal. That was nothing but lies.

 

[themickey]

Orange man bad will get angrier and angrier.