The S&P will top at 4540-4601

Will the S&P top at 4540-4600 ?

  • Total voters
    40
bone said:
We'll have to get to zero before OP breaks even. He has a multitude (easily over 25 I'd guess) of "tops in" threads he started over several years time.
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"easily over 25 I'd guess"

actual # is 34 (a Fibonacci #)

Luck might be on his side :) Give it time, its still working in the ballpark

There is no failure except in no longer trying.
Failure is the inspiration behind success.

----------------------------------------------------

side notes

Albert Einstein
(As a child he didn't start speaking until he was four, reading until he was seven, and was thought to be mentally handicapped. If he gave up and never persevered, his most important theories could not have been known. He went on to win a Nobel Prize and altered the world's approach to physics)



Multiple failure fellows who reversed their trend

Sir James Dyson
Steven Spielberg
Thomas Edison
Walt Disney
J. K. Rowling
Abraham Lincoln
Jerry Seinfeld
Theodore Seuss Geisel
O P R A H W I N F R E Y
Stephen King
Vincent Van Gogh
Elvis Presley
Charles Darwin
Michael Jordan
Padutrader from EliteTrader






Michael Jordan, who famously said the following:

“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.”





Lord have mercy, do I bow to this artist of artists:







 
margin_gamble said:
See that op's Top Call cott the penultimate Top, just one inch shy of the all-time Top (assumed to be THE Top at this time)

See grey ellipse.

Bloody damn good performance I'd say. Who cares how many wrong calls there were before this? I don't. :)

For Nine_Ender: the last upwave from the corona virus low March 23rd, 2020 the clearcut obvious trendline connecting wave 2 and wave 4 low and extended gives the exit point of the uptrend for this wave. Standard Wave operating procedure. Seee how nicely the exit performed! Bonus is that even if the Top is not THE Top, standard procedure requires a correction to at least 38.2% or 50%. You would have exited here with juicy profit and can always get back in later much later after the correction if you choose to.

So as not to be a politician I am saying this top is THE TOP, nothing less.






Now look to the right of chart for current action and lo and behold where SPX got to today. Booom! Right into a trendline of significanc. Yeah baby, there could be sparks. Catch it or cott it on the 5-min. manana. Play by ear






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flatten your DTL and you will see why I am bearish
 
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