Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. Rally followed by strong pullback looks bad for tomorrow. Real bad. That's my call unless some super great news comes out overnight.
     
    #19901     Apr 9, 2018
  2. SunTrader

    SunTrader

    More than likely, or at least longs might be able to hold back the tide ... for a day or two. Maybe.

    IMO in the meantime wave 4 of 5 of wave C of a higher wave 4 marches on to then new lows and wave 5 of wave C bottom are made and thereafter the bull market can possibly return. Always depending on Trumpie 3am tweeting or not and .... the ever present Mueller investigation.
     
    #19902     Apr 9, 2018
  3. SunTrader

    SunTrader

    Another thing to note, both S&P and Dow had inside days today so .... expect a wider range soon enough.
     
    #19903     Apr 9, 2018
  4. Overnight

    Overnight

    Isn't the Chinese president supposed to speak tonight (China's tomorrow) about all this trade nonsense, give an official statement??
     
    #19904     Apr 9, 2018
  5. volente_00

    volente_00


    Multiple IHS across several timeframe

    Trump drama doing its best to derail the move but I will say this

    If market continues to climb a wall of worry despite this uncertainty then that is a bull that you don't want to short until the final thrust to new highs
     
    #19905     Apr 9, 2018
  6. L 2647
    stop at 37
     
    #19906     Apr 10, 2018
  7. the market is already reading next week's headlines..

    "C/JPM/BAC/MS annouce huge earnings, top and bottom line beat"

    "Q1 volatilty boosted reveunes"

    "CEO very confident in strong economy" blah blah

    S&P goes to 3000?
     
    Last edited: Apr 10, 2018
    #19907     Apr 10, 2018
  8. SunTrader

    SunTrader

    What is that - IHS?
     
    #19908     Apr 10, 2018
  9. IHS.. inverted head and shoulders

    gimmick IMO
     
    #19909     Apr 10, 2018
  10. SunTrader

    SunTrader

    I'm with you. But to each their own.
     
    #19910     Apr 10, 2018