Well, that last swing low was taken out convincingly... so, this bull market looks to be in jeopardy. Yikes.
Yes it was. And yes it is. Check out my thread, "the S&P is out of gas". Looks like my archaic indicators worked well.
You have no indicators, no trading methodology that anyone can find some substance in . . . So please stop begging for "attention" and go back to your thread. Or are you here just to brag, like most people suspect you are?
Boy, are you one sour individual. Maybe your above quote is the key to being a good trader. I guess I got nothing, except correct analysis and a mountain of profit this week. I'll take it!
James Stock Romeo Grandmaster B Anthony Trader Chapabraca Trend Fader Manolo Eboah Always crying for attention like a little kid. Tell me, did I leave any aliases out? Do your parents know that you spend the entire day on the Internet?
Not until and unless the S&P breaks solidly below its 50 day EMA. And my bet is that won't happen, and that this is a long expected, very healthy little pullback.
Well, good call then.. it did hold this morning where I was looking for support, even formed a bullish divergence - but that's trading.
Yeah, true.. it's a big support area, but taking out the prior pivot for the first time in ages isn't a good sign for any long. Still, I'm looking for a range until weekly shows me signs of weakness.