The S&P 500 will top next at

Everyone should be backing up the truck and loading up to buy the dip! Max your credit cards. Take out a second mortgage! For the love of all that is holy, BUUUUUYY!!!....

100.5% up room to go!

 

There is a correct top calling thread started by B1S2 and backed by yours truly....

 

Stopped

Moral of the story is

Fear is stronger than greed

And that is why I always focus on the short side over being long

 

agreed.

Although It often goes a bit further than you think, though - so probably too early here.

Could go down for another 2 days

 

Hitting the lower BB on the daily chart, time to go long. Tomorrow will be a huge up day...

2451ish

 

I like the trend line

And these are just short term swing trades until I get some juice to short again
Long term I still think we are topping for the year at 2480-2525 spx with a touch of 2250's in play

Long again at 2450.75
Stop 2448

Objectives are
2458
2466
2471.5

 

TDAYBOY4LIFE

 

Reduced 2454
Hedging for the runner

 

3 month channel implies a possible higher high on the hold of lower boundary

 

You called for a major top and you are long now than SPY -76bps. Yes, the longs might make money, but in my opinion, stick to your thesis.