The S&P 500 topped at 3481

100 upside

400 down

 

154 points profit on part of the trade


Stopped for -2 on the remainder at the 3666 trailing stop


In hindsight I should had exited the full position at 3512 but it is what it is

Will roll this into march soon.

Still expecting SPX touch of 3300-3400 from up here in next 80 days

 

Why?

Are your calls 100 % technical or do you blend it with some kind of fundamental analysis too?

Thanks and good luck.

 

100% Fundamental. He heard a rumor Santa was taking off this year due to pandemic

 

Tech and cycles


With a little politics voodoo as well

 

Nothing has changed since DEC 9 at 3710


3310 touch still in play

 

What levels would you be looking at if 3310 doesn't hold?

 

2100

 

Well that isn't coming any time soon.

Guess we'll run with 3310 for now.

**EDIT**:. Then again you called a top that will be at least 400 points early so...

 

Shorted 3873.25 and 3873.5

Stop 3925.5

Objective is 3786 and then 3722