SPX 5000

Discussion in 'Index Futures' started by Poljot, Mar 29, 2022.

  1. Poljot

    Poljot

    SPX is going to ATH of 5000 by July 4th.

    The war is over (almost), Covid is over, job market is great, interest rates going up, economy is healthy.

    Bears please prove me wrong.
     
    murray t turtle and jys78 like this.
  2. mikeriley

    mikeriley

    We're not scared of them bulls. Shorts strategy x.jpg
     
    murray t turtle likes this.
  3. Aj2014

    Aj2014

    seems pretty obvious at this point. Fed want this UP. +50 ES points per day on average with the occasional down day to keep the bears interested. ALways the same, tbh
     
    jys78 likes this.
  4. stochastix

    stochastix

    volatility is rough
     
  5. SunTrader

    SunTrader

    Last time I checked $SPX is still 180 points below ATH.
     
  6. Overnight

    Overnight

    Yeah, that's quite a thing when just 2 1/2 weeks ago, it was down 600ish points from the ATH
     
    jys78 likes this.
  7. SunTrader

    SunTrader

    Well like the famous old-time comedian George Burns once said when asked how to live to 100, his response was first live to 99.

    Therefore similar answer, how to make new ATH's, first get back to ATH's.
     
  8. Overnight

    Overnight

    Unfortunately, he just barely made it past 100 before he died. Should we use him as an analogy of this latest rally? Heh.
     
  9. should have listened to my fear and statistics [ironically, Pootin made some people money].
    [statistically, markets tend to drop ~10% correction in the middle of bull cycle (rough estimation)].
     
    Relentless likes this.
  10. jys78

    jys78

    It will actually hit 50K, and beyond for that matter. Only a matter of time.
     
    #10     Mar 30, 2022