There need to be more choices in the poll. Markets go up and down every day; there needs to be some kind of timeframe or limiting conditions. Will markets be higher in 30 years? Probably. In 6 months? Who knows. In two weeks? Depends (according to my "guesstimate") on whether today's lows hold for the next couple of days. If you can accept some degree of risk, you can place a bet that will position you to profit even if you don't know the outcome. For instance, you could place a bet that gives you a maximum loss of 1% but an unlimited potential gain. You don't know what headlines will come out overnight so of course you don't know what will happen, but you can be positioned to profit in the event that your best guess turns out to be correct.
wait are you talking about that guy who posted on here a few years back who would show "tomorrow's chart today" or whatever for the ES? He was scary accurate sometimes. And sometimes way off.
Most immediate trend (since ET loves to talk about trends yet no one can tell exactly what defines a trend) or some large spike (up or down) even if it's followed by chopping for a while. Either of those situations are what we are predicting in this thread.
I agree with your thoughts. I am a tech anayst for 20 years.Nothing fool proof but its a good road map
The easy money is on the long side, so I am looking to buy dips. 1220 was a strong technical level, unfortunately the price didn't trade there. My reasons for being bullish are given in this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=215920&perpage=6&pagenumber=3