The S&P 500 has topped on 2/25/2019 at 2813.49

Discussion in 'Trading' started by volente_00, Feb 25, 2019.

Did the S&P 500 top at 2813.49 on 2/25/2019?

  1. Hell yes, I think you are right

    22.2%
  2. Hell no, you are wrong

    30.6%
  3. Who cares, You are still an idiot

    19.4%
  4. Who cares, Baron has 12% body fat and is shredded

    11.1%
  5. Who cares, Destiero will have an aneurism when SPX trades 3200 in 2019

    16.7%
  1. I say we have topped at 2813.49 in the S&P 500 or are within 28 points of topping

    I think we will pull back 5% from this level

    I will consider myself wrong if we trade above 2841.13 SPX on a closing basis before a 5% pull back happens
     
    murray t turtle likes this.
  2. Option #5 is the clear choice here people.
     
  3. Nobert

    Nobert

    #6 Thank You for a good laugh & creativity.
     
  4. destriero

    destriero

  5. %%
    I thought we had topped on 2-20-2019 + last friday, VolT 00,+ it did ''top'' REAL briefly LOL; but no follow thru for polar bears/panda bears. Weak FEB buy volume could become a problem in SPY ; but on 52 week buy SPY + QQQ buy/price volume; its still strong buy /price volume .:cool::cool: NOT a prediction,not random, , not luck; its an uptrend.
     
  6. Pekelo

    Pekelo

    I tend to agree with Vol.


    [Pekelo's Seal of Approval]
     
  7. %%
    Well you have to admit; every day has tops in an uptrend+ every day has bottoms in a bear trend??LOL:D:D Every day ??- yes every day, week.
     
  8. Nobert

    Nobert

    Potentially, sometimes, due the lack of english, im not getting a portion of good jokes & what you just shared, might be one of those times, but looking from a technical perspective, - absolutely.
     
    murray t turtle likes this.
  9. Lets see, we have a dovish Fed, we are in the third year of a Presidential election cycle, Freddie Mac now offers up to 80% financing on commercial multifamily from the historical 65%, new commercial truck backorders are so high that some manufacturers are declining new orders, and the US trucking freight market is beginning to improve again. All this without a new trade agreement with China.

    Fighting the Fed historically has not been the most profitable way to position trade equity indexes.

    However, should the US see continued growth to the next Presidential election, the US will have seen the longest economic expansion in history wihout being interrupted by a recession. A reasonable question to explore is whether there is a fundamental or structural reason for continued long term economic growth going forward.

    My guess is the SP500 challenges its all time high by year end.
     
    ET180, murray t turtle and Nobert like this.
  10. destriero

    destriero

    Polenta starts a top thread -> ES drops 20 points off the HOD -> Polenta is still underwater on his short.


    #winning
     
    #10     Feb 25, 2019
    jys78 and murray t turtle like this.