Next supply area is SPX 2045 if they bust thru 2021. Would definitely start shorting if we get there.
Earnings are going to suck. But they will spin it...The spin will be, if corporations are struggling the fed must not raise rates in this environment.....ITS GUARANTEED.
Im going to go out on a limb here and say we hit the highs at 2013.75 in the premarket, but im not willling to short it cause the dollar is cratering right now, and thats just not a fight i want to get into. Plus its friday so they could easily turn this into a short squeeze into the weekend.
ZERO DOWNSIDE RISK TILL 2016...GET YOUR FREE MONEY $$$$$ BUY ANY WHERE, THE CHANCES OF A CORRECTIONS ARE NILL.
still long ES from 2005...going to take all profit somewhere near 2020 Before the market opens .... they are surely looking to take profits from yesterday took half off at 2013.5
Yeah thats what im thinking lot of longs here looking to take profits after a solid week, looking to take profits on a break through 2000, so alot of the times it just cant get there cause everyone right now is looking to sell this rally, still dont want to be short but i wouldnt wanna be long either.