Oh, so it's spot and not the futures, eh? Dude, 5580 on the cash index only happened like 2 days ago. Yet you make it sound like it happened months ago. You call that a real bear reversal? It's a friggin' blip in my eyes. Seriously, it's like right around the corner! C'mon give us a real prediction, like where we will be next week.
I get it but hear me out. 5580 is less than 100 points from today's close. And as you already know, the market can easily swing close to 100 points these days. 5580 is so damn close, you could practically bend over and touch it. You call that prediction??!
I don't know about you, but I'll take 100 ES points any day. $5K per mini sounds like a good day to me. We can't all be giant whales like you Shchiz
C'mon, you know that wasn't what I meant. Weren't we talking about "predictions"? We're talking about less than 100 points. In this environment, that's peanuts. Anyone can guess with high accuracy what could happen if it's that close. I just don't think you can call that outright prediction. Anyway, sorry to get off-track. BTW by no means am I dissing VZ. His slight arrogant tone just got me all riled up. But I'm cool now.
I disagree. I still expect to make new lows relative to last week's, and if not look out above quickly. But mine is based on study. Most wouldn't do better than a coin flip.