The S&P has topped

[volente_00]

Stopped -7


I am now short again at 2386
Stop is 2427
Targets are

2348
2305
And 2185

I plan to roll this further out if all objectives are not reached by June.

Added size 2398
Stop adjusted to 2431.5

 

[volente_00]

mate nice try about diverting the attention to me. If a chump shorts a multi year/month bull market they get run over. rocket science it aint.

Not if they short at the top

 

[volente_00]

Well it sure doesn't FEEL like the bears are in control. Bulls usually take their time and grind it out, compared to the faster action and wider ranges of the bears. Volente nailed that top, but I think we chop higher up from here. Still, this has been one of the better threads here in a long time, so at least there's that!

Could be
Appreciate your opinion

 

[Pekelo]

Was my first target not reached ?

Hitting targets is good, taking profits at target is better. You have one of the best predictors in this thread, you should capitalize on that...

It feels like the Surf report, that being right is more important then making money.

 

[propwarrior]

It feels like the Surf report, that being right is more important then making money.

Like the Surf report but without the mental illness multi nics. lol

 

[volente_00]

Like the Surf report but without the mental illness multi nics. lol

How do you know I'm not surf ?

 

[volente_00]

Hitting targets is good, taking profits at target is better. You have one of the best predictors in this thread, you should capitalize on that...

It feels like the Surf report, that being right is more important then making money.

Volume on the fall in one day
3 days to make it back on low volume to fill an upper gap

I'll take this short set up any day of the week


Been a while since we've had a 5% down move intraday
Look for 3.5-4 mil e's to to trade and -100 - 120 down coming to a dom near you

 

[tt.texantrader]

this thread isn't about me it's about you calling the top in the Spoos and getting your arse handed to you.

I think to make this discussion interesting, its important to note that you had a thread calling for a huge drop in the fall of 2016 and admitted right at the end that you were wrong. (both about the index and gold I believe)

https://www.elitetrader.com/et/threads/buckle-up-guys-its-starting.302641/page-34#post-4363567

You even had some calls in there with specific price levels.

I'm not sure if @volente_00 is aware of this because it certainly would be interesting to take into consideration. You're now on the other side of someone making calls since you're doing the ridiculing. We still don't know if @volente_00 will be right or not, but you obviously already had your ass handed to you before, so I would assume you would be a little more humble from now.

 

[propwarrior]

I think to make this discussion interesting, its important to note that you had a thread calling for a huge drop in the fall of 2016 and admitted right at the end that you were wrong. (both about the index and gold I believe)

https://www.elitetrader.com/et/threads/buckle-up-guys-its-starting.302641/page-34#post-4363567

You even had some calls in there with specific price levels.

I'm not sure if @volente_00 is aware of this because it certainly would be interesting to take into consideration. You're now on the other side of someone making calls since you're doing the ridiculing. We still don't know if @volente_00 will be right or not, but you obviously already had your ass handed to you before, so I would assume you would be a little more humble from now.

nice try on deflecting the thread to be about me which it isn't. When I am wrong I admit it as I have an actual backbone. GL

 

[Pekelo]

2425 SPX by Friday's close....