short SPX at 4250 neckline break H&S 30-min. see neckline and trendline
(take with grain of salt as I don't trade SPY. I trade QQQ)
Slam Dunk! but next time add some black pepper and turmeric to the sea salt. ginger helps too.
The S&P will top at 4540-4601
- Thread starter volente_00
- Start date
Slam Dunk! but next time add some black pepper and turmeric to the sea salt. ginger helps too.
Any bulls left ?
3505 to 3400 now in play on the stop run
3505 to 3400 now in play on the stop run
After reaction at 3491 I am now looking for reversal at these 3 key numbers on spx
4081
4155
4221
caveat emptor
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Why not look for reversals at any other arbitrary numbers that have nothing to do with anything based in reality, like 4299, 4343 and 4611?
Because spx wont trade at these arbitrary numbers before it makes the next leg down from 4081-4221 area
*bangs head against an imaginary Fibonacci level.*
ha ha if only it was this easy
You busted me on why spx touched 3505
actually there is a slight chance at 4320 touch to set a bull trap on a fall to 3750’s
Powell just set the pre-stage for a rocket launch higher, which we saw today. I expect some roaming around in a range now. If he follows through in mid December with same narrative, 3750 will not be seen again, and 4320 is blown out of the water.
I still think we get .75 in dec and market gets disappointed
followed by another .5 in feb
There has never been a time in history where rates have not had to stay elevated to bring inflation down and I don’t think this time will be different considering how much cheap money was out there for so long creating these asset bubbles.
Market has a tendency to move up into nfp and sell off after. We shall see what friday brings