The S&P has topped

[W.J. Feathermaker III]

So you mean the SPX is going to retrace 2.5%?

Considering the context of this advance, it is relatively brave.

 

[Buy1Sell2]

At what level ?

No idea yet. Will use indicators and price to help me

 

[propwarrior]

How do you know it is retail short and not the institutions short? May I ask?

Because I watch the sentiment at the worlds largest CFD broker. Dow is 78% short

 

[propwarrior]

Retail is all in long

Facts tell me otherwise.

 

[lawrence-lugar]

Facts tell me otherwise.

Facts in the marketplace can be as strange as Fiction ; the market is part art, part science -- it's complicated.

This is more applicable the shorter the time frame. ...for investing, it's more somewhat rational and reasonable,

 

[lovethetrade]

How do you know it is retail short and not the institutions short? May I ask?

Because he's institutional and long so dumb, lower-level retail must be short. Don't you know?

 

[volente_00]

So you mean the SPX is going to retrace 2.5%?

Targets are

2366
2333
2203
2112

All I am stating is i think SPX will touch 2333 before it trades over 2426. The 3 longer term targets will take time and other variables are still in play. My time frame is 2017 for them unless 2426 gets taken out.

 

[propwarrior]

Facts in the marketplace can be as strange as Fiction ; the market is part art, part science -- it's complicated.

This is more applicable the shorter the time frame. ...for investing, it's more somewhat rational and reasonable,

Retail is heavily short here that is a FACT. That of course does not mean they are wrong. This is an absolute classic bear trap, all the hallmarks are present.

 

[volente_00]

Retail is heavily short here that is a FACT. That of course does not mean they are wrong. This is an absolute classic bear trap, all the hallmarks are present.

Post some evidence supporting your statement.


How do you know it is unhedged ?
Such as retail short spy hedged with spy calls ?

 

[vanzandt]

Targets are


2112

2112....GREAT album side one.
Prophetic for its time.

"We've taken care of everything
The words you hear the songs you sing
The pictures that give pleasure to your eyes
It's one for all and all for one
We work together common sons
Never need to wonder how or why"