Is S&P forming intermediate term double top?

That's what every said before the market crashed. We're in an up trend until the market crashes, After it crashed for a few weeks, then we'll be in a down trend. What good is it waiting for the trend to be established. Just buy some shit long, and take a short position with a small stop around what might end up being the double top.

 

Right. Alot of bullishness arising now. ET is usually relatively bearish but look at the poll this time.

 

Posts like this end rallies.

 

fly down 3rd

 

Why are you saying double top because we are retesting resistance ? heh

 

Sayin double top bc that's what it is between the April highs and now.

 

Here is SPX X5 pattern (5-point patterns, Gartley variations) with Reversal Zone price Clusters..

Regards,
Suri

 

Thanks Suri. The double rop looks quite uniform on your chart.

 

Santa Clause will ride his reindeers to the top [1300]. probably, we might have small correction here ramping down 1200 level, but Santa Clause has hidden his cookies at 1300

 

Yes alot of bullish sentiment forming and the expectation of xmas rally only add to sentiment.