Our models continue to indicate that 20,000 DJIA/YM will not be violated prior to sub 19000--- holding YM shorts-- THERE WILL NOT BE A SANTA RALLY IN THE DJIA-- it has already happened. Make no mistake, 20k will be taken out-- but not for awhile. Peace, Hampton
There is simply too much digital resistance with massive long against the house bets of a close above 20k by the end of year for it to happen. Very simple actually. Hampton
I'd have thought at least a print of 20k in 2016 would look pretty awesome for Wall Street and the government.
Agree, but the value of winning the huge binary game is much greater than the 20k perception. Money always wins this contest. The house was forced to take the otherside of the bet so the odds are extremely high we will not see a close above 20k by end of year.
Just look at this terrified technical analyst joker from the NYSE--- seriously, good thing the hat isn't dated. LMFAO!
Whether 20k takes place in 2016 or it doesn't is only relevant to time based plays. In a bull market most are looking where to buy into the market.