The S&P has topped

The S&P has topped


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This slow creep down makes me think the S&P has not topped.

Not replacing Obamacare certainly spooked the market but now investors appear confident in lawmakers finding common ground.


Hard to find common ground when you burned bridges with your own party.
I'll go on record and predict 2 things
Trump will not get relected
We get a recession while he is office
 
I will add to this position up to 2380
If the price action changes and I do not get stopped then I will revise lowest target to 2360.25. But as off right now I believe this is a lower high being made at 2374-80 before a reversion back to lower 2300's
And eventually a touch of 2211 unless 2426 gets taken out
 
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This slow creep down makes me think the S&P has not topped.

Not replacing Obamacare certainly spooked the market but now investors appear confident in lawmakers finding common ground.
%%
I agree+ agree with the part about S&P/SPY making another top in MAR, and making a top every month past 8 years of Obamacare Trainwreck. NOT a prediction.LOL.January UP maybe a good sign, HI%% indicator?? Yes, except in 1987...... LOL
 
today is the first time in a while i've seen real bearish action across all indices...pump at the open and a selloff into the close

can this be the time market surfer is finally right after his many failed calls? remains to be seen
 
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