I hear you. I have opened a Live Calls Thread for entertainment value. https://www.elitetrader.com/et/threads/live-calls-thread.311578/
No one knows the day or hour when these things will happen, not even the angels in heaven or the Son himself. Only the Father knows." But I guesstimated above 2525...don't fight the trend -- generally speaking, Full Steam ahead...is what the Captain of the Titanic said, right before crashing,
If you used Weekly data and trend lines IMHO you never would have gotten sucked into this unending morass of nonsense. I'm not saying that you would have gotten long, but even Stevie Wonder can see that a macro short call is completely unwarranted. WTF would you pick 2500 ? In context that level is so close to our currently trading levels - at least learn something from your posts since February.
How big would the 'drop' have to be in order to be able to call the prior high a 'top'? But I can't see us having a 'proper' drop until much higher - 2900 ES or so - then a drop to 2100, then a rally to 3000 plus
Far too easy for you to keep talking about what could have been done. Talking about weekly trendlines is not even trading, its investing. Waiting for a major trend line to break and then going short means you're getting short soooo late into the move that you need something like 2008 all over again to make money. Lets look at this trendline on the weekly chat. Look at that lovely trendline down at 2240. Do you suggest we start looking for shorts when we get down that low??? A break of a trendline in my opinion is no time to even be looking to get in on a short. There is a lovely trade call thread that @propwarrior just started right now and its blatantly obvious that those people who are permabulls and actually trading for a living aren't making money just going long. A few times now I've been riding your ass about your extremely unhelpful hindsight advice and constant inability to actually make a tradecall to show us all how your expert analysis works going forward. You have once again shown that its easier to make $7,500 from your clients than to make it from the market.