The S&P 500 will top soon at 2925-2930

Discussion in 'Trading' started by volente_00, Apr 16, 2019.

Will the S&P 500 top at 2925-2930 ?

  1. Hell yes your short term top will be correct again

  2. Hell no the bull market will set new all time highs and trade above 3000

  3. You're still a fool for STFT

  4. Who cares Desperado trades Billion dollar FX accounts recruited from twitter

  5. Baron is still 12% body fat and will kick your a$$

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  1. destriero


    Polenta's trading threads never run out of the cashish. He's still "short" from 2813 brah.
    #31     Apr 17, 2019
  2. speedo


    I agree with that.
    #32     Apr 17, 2019
  3. %%
    Good points; not the longs exit unless you got in late. I did a TQQQ exit but i got in late; + they pay no dividends.

    Main problem for the longs/uptrenders traders is summer rally tends to be weakest /SEPT selloff. Most investors would have a profit built up+ so a sell in May/way may not even trigger many stops-depends really on when they got in + selling plan.............................:caution::caution:,:caution::caution::caution::caution::caution::caution:
    #33     Apr 17, 2019
  4. Buy1Sell2


    I've checked your numbers and you're good.
    #34     Apr 17, 2019
  5. NQurious


    Posts like this make me laugh out loud. Thanks for the levity, B1
    #35     Apr 17, 2019
    speedo, Buy1Sell2 and volente_00 like this.
  6. destriero


    Congrats! You've reached the rarified air of the Home Depot Brothers and the Hawaiian ukulele player/pizza delivery guy.


    Now, back to business...

    1. Start "index topped" thread
    2. Lose 100 points
    3. Start "index topped" thread
    4. Lose 100 points
    5. Rinse, repeat
    #36     Apr 17, 2019
    Clubber Lang and NQurious like this.
  7. Buy1Sell2


    Gimbal angles and all tell the story.
    #37     Apr 18, 2019
  8. Buy1Sell2


    #38     Apr 18, 2019
  9. maxinger


    India Nifty Index has already broke its record high.
    #39     Apr 18, 2019
  10. Why bother - considering you said essentially the same things 100 + points lower?

    It would make it at least a bit more interesting if you said why you think the market is topping here. 9% down takes us to around 2640 on current ES levels.

    Being this close to all-time highs and no seeming catalyst for a sell - isn't it just as likely that we'll see a test of the high from September/October?

    Regardless - I think a top worth trading will present a good sell signal. Here's what happened the last two times the market experienced 'selling':

    #40     Apr 18, 2019