Vote: Crash, Consolidation or Pullback coming?

Discussion in 'Trading' started by KCalhoun, Jun 11, 2020.

What's next for market direction?

  1. CRASH

    19 vote(s)
    44.2%
  2. Consolidation

    7 vote(s)
    16.3%
  3. Pullback them up

    17 vote(s)
    39.5%
  1. KCalhoun,

    I am not sure why you think a market crash is coming.

    The S&P 500 daily/weekly index is CLEARLY in a Bull Trend. There is NOTHING on the chart that indicates Bear Market.

    There are Millions of people and Millions of Dollars on the sidelines just like you, waiting to get back in.

    Keep it Simple. The trend is your friend
     
    Last edited: Jun 16, 2020
    #21     Jun 16, 2020
  2. Cuddles

    Cuddles

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    #22     Jun 16, 2020
  3. smallfil

    smallfil

    Except, those voting does not matter. No retail trader can drive shares up or down on any given day. Maybe, the penny stocks who are low float? You are a sardine swimming in an ocean filled with sharks (hedge funds, mutual funds, brokers, banks). Guess, who is going to win, each and every time?
     
    #23     Jun 16, 2020
  4. %%
    SDOW made a good upmove for daytraders;
    except for rioters catching virus/surprise/surprise, there was no first wave of deaths except ny, NJ , Italy.
    Fake news will most likely hid virus/rioters death + pump fake news scare on trump rally/LOL[not laughing a rioters death, but fake news]………………………………………………………….
     
    #24     Jun 16, 2020
  5. Several weeks from now a topping consolidation, then back down to take the March lows by a couple-a-hundred ES points, will be a slower decline, lasting many months. Then an epic rally for 1-2 years, making New All Time Highs...
     
    #25     Jun 16, 2020