[Cast Your Vote] Where will ES close on March 31th ?

Discussion in 'Index Futures' started by Sekiyo, Mar 22, 2020.

Where will ES close on March 31th ?

Poll closed Sunday at 1:36 PM.
  1. 2700 and more

    2 vote(s)
    8.3%
  2. 2600

    1 vote(s)
    4.2%
  3. 2500

    0 vote(s)
    0.0%
  4. 2400

    2 vote(s)
    8.3%
  5. 2300

    3 vote(s)
    12.5%
  6. 2200

    2 vote(s)
    8.3%
  7. 2100

    6 vote(s)
    25.0%
  8. 2000

    6 vote(s)
    25.0%
  9. 1900

    1 vote(s)
    4.2%
  10. 1800 and less

    4 vote(s)
    16.7%
Multiple votes are allowed.
  1. Sekiyo

    Sekiyo

    Going to do this on a Monthly basis.
    Now you guys are lucky as EOM is near.

    You can pick up to 2 prices.
    You won’t be allowed to change your votes.
    You are allowed to see the results without voting.

    This poll will close on March 29th.
     
    Last edited: Mar 22, 2020
  2. Sekiyo

    Sekiyo

    Picked 1900 based on a simple linear regression.

    FC0E9384-0425-4875-AA33-E32F615F5DA4.jpeg
     
  3. tiddlywinks

    tiddlywinks

    Took the 2700+ not because Im a bull, but rather I see possibility of a retrace with potential to move to 2700+.

    The real question for me is not a specific price level, but will a retrace begin before EOM?

    As time goes on without a retrace, the potential retrace target reduces for me. Retraces occur on decreasing, or in this case, non-extreme volume.
     
    Last edited: Mar 22, 2020
    Sekiyo likes this.
  4. wrbtrader

    wrbtrader

    I think we'll keep dropping until the U.S. presidential elections...markets will then stabilize and then a vaccine will be discover and we'll then make crazy like rebound back upwards into new highs.

    The new U.S. president or the current president will get a pat on the back.

    Sorry, I'm looking beyond March 31st due to Corona Virus.

    wrbtrader
     
    Scanman, Sekiyo and Here4money like this.
  5. Sekiyo

    Sekiyo

    @tiddlywinks

    Agree.
    Current retraces are about 200Pts.
    But we are going to experience larger ones.
    However IMO we are going to see a 3rd leg down.

    I don’t see a 400+ Pts retrace right now.

    @wrbtrader

    Alright.
    you’re looking beyond,
    but still bearish in the midterm.

    Thanks for your feedback.
     
  6. Too long a time window for me and too random. But I made my prediction for next week already:

    20xx or even 2000.
     
    Sekiyo likes this.
  7. notagain

    notagain

    ES 2640, 200 week simple moving average
     
    Sekiyo likes this.
  8. schizo

    schizo

    It's hard enough to predict where the price will end today, how the heck am I to know where it will be at the end of the month? :banghead: :D
     
    Sekiyo likes this.
  9. Sekiyo

    Sekiyo

    So you guys ain’t in the prediction business ?
    It’s more for fun than anything else.
    But thanks for being honest !
     
  10. Sekiyo

    Sekiyo

    (Current) Wisdom of EliteTraders : 2183
     
    #10     Mar 22, 2020