I don't care. Here's a Queen video, playing live at Wembley Stadium, London, 13th July 1985..enjoy!!!
SPX 4H Supports: 1978, 1958-1960, 1938, 1928. According to the text books, measuring implication sets a minimum target of 2130 points. This is in line with any scenario, bull or bear. For a major bear we need a major lower peak close to the all time high. Critical Resistance would be at 2043-2050 and 2130 pnts. but then again, this is the textbook, lets see what happens!
That is so text book I think it actually happens.....damn the s$p can be at 2130 by end of october instead of my November prediction..... Lets keep in mind though that if the s$p were to get back up past critical resistance at 2050 and 2075 and 2090 I would think at that point 2130 would be a major magnet where it would definitely play out no questions asked...I will keep those supports in mind but I do think once past 2050 its guaranteed historical highs come, of course its earnings season and earnings would also have to justify most of that movement, you get few bad earnings from some major companies and all bets could be totally off.
Like most here I've studied charts for a long time and I just can't see it going to new highs before there is at least one more push down, perhaps I will not get what I wanted initially (1700 zone), but staying short, stand to lose a lot of money if this goes to new highs first.
Wait the fed said no such thing as inflation yet in the last few days I have read this Sprint raising prices on their unlimited plan by $10 Verizon now pricing people out of their grandfathered plans by raising their monthly data plan by $20 a month Netflix raising prices by $1 and now 7 million people are going to see their premiums rise by 52 fu$king %%%%%% http://www.usatoday.com/story/money.../medicare-part-b-premiums-rise-2016/72621746/ For seven in 10 Medicare beneficiaries 2016 will be much like 2015. They will pay $104.90 per month for their Medicare Part B premium just as they did in 2015.
So let's get this straight. You "predicted" the SPX goes to 2130 by November but you also clearly posted that there would be a 35%++ crash imminently from these levels. This is just like your trades, you post buying triple etf longs on Oil and triple etf shorts on Oil and give us reports on whichever one goes up. From September 30th ( only 8 days ago ) : From September 22nd ( only 16 days ago ) :