Wow...S&P500 up 13 out of 17 days in July

R

reno4nook

Despite the S&P's impressive performance, I've noticed the TRIN index closing above 1.00 for the last 8 sessions.

Is the July rally getting exhausted or consolidating for the next run up?

Any thoughts?
 
Well...i can confidently state that one of 3 things will happen here....mkt starts trending down...or goes up from here...or thirdly we consolidate sideways for a while.
heres the odds for each scenario imo:

mkt continues to go up...............33%
mkt goes sideways for a while...50%
mkt does mild correction......... ...66%

Knowing we are at resistance...will most people wait for some consolidation...or will people be loading up here??

Does Jupiter's lunar cycle really cast any doubts on this move??

well......im just a duck...what the heck do i know?
:D
 
Quote from opm8:

This is great news! There's 149% chance of something happening. Easy money.

--opm8
More...

Yeah. 70% of the American public can't do simple math. The other 45% just don't care.
 
Quote from wilburbear:

Yeah. 70% of the American public can't do simple math. The other 45% just don't care.
More...

err..... percentages are not related to one another for this particular excersise. each scenario percentage is on its own.

i didn't realize concept would be so difficult to take in....would explain put........don't know how
 
The S&P has been like a helium balloon bouncing on the ceiling looking for a higher high, no matter how small.
 
changes of you making money tomorrow if mkts stay in tight range....33%

changes of you making money tomorrow if mkts trend......50%

changes of you making money tomorrow if mkts trend huge....66%

does this perspective still leave you :confused:
 
Quote from lilduckling:

changes of you making money tomorrow if mkts stay in tight range....33%

changes of you making money tomorrow if mkts trend......50%

changes of you making money tomorrow if mkts trend huge....66%

does this perspective still leave you :confused:
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Who are you? Yogi Berra?
 
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