Vote: Who thinks S&P500 will reverse trend in the next 10 days (2 weeks)?

Discussion in 'Trading' started by schizo, Mar 5, 2024.

Will S&P reverse within the next 2 weeks?

Poll closed Mar 19, 2024.
  1. YES!!!

    14 vote(s)
    48.3%
  2. NO, NEVER!!!

    8 vote(s)
    27.6%
  3. Who cares?! (I'm delta neutral anyway)

    7 vote(s)
    24.1%
  1. schizo

    schizo

    I say we're about to reverse here, but you might think otherwise. Would like to hear your rationale on WHY or WHY NOT.
     
    Zwaen and murray t turtle like this.
  2. MarkBrown

    MarkBrown

    i think by friday we will hit a new high.
     
    Sekiyo, jl1575, Handle123 and 2 others like this.
  3. Epic 3:30 pump like usual. That and NVDA going green the way storylines for today. Almost
    Daily chart is bearish for QQQ, but that doesn't mean a damn thing in this market when you know it will just V itself back to new ATH.
     
  4. 2rosy

    2rosy

    can you define the current trend. What confirms a reversal?
     
    murray t turtle likes this.
  5. %%
    Month of MAR\ down, @ least SPY down by Tues close. I watch 200dma + such more than any ''key reversal day '' That's my vote.
    Sure AI [machine learning ]= most likely a union buster-- game changer.
    Maybe not the main reason LOL, but Bloomberg had a pay for play article about monkey poachers. So that's laughable news about AI replacing humans;
    cant even replace monkeys :D:D[Edit 3:34 CST]
     
    MACD likes this.
  6. You guys realize, that the printing press never stopped, it just changed the playground? And when the US gov has to print more money as tails in Treasury markets get bigger and bigger they will print into oblivion and beyond? The markets are just pricing it in right now.
     
  7. I don't have a strong opinion, but I do notice it's an Outside Week at this point and the week is still young.

    We snapped back inside yesterday's range on the Close, but if we don't see any continuation higher tomorrow, I don't see why we can't dip to 5K by week end.
     
    NoahA and murray t turtle like this.
  8. mervyn

    mervyn

    20 ma to be tested again.
     
    murray t turtle likes this.
  9. Hello schizo,

    LONG AND STRONG the SP 500 Index FOR LIFE. I WILL ALWAYS be BUYER OF THE SP 500 INDEX and I WILL NEVER EVER EVER EVER SELL for the rest of MY LIFE until my account shows $2 million, then I will cash out. I DO NOT CARE if I AM 70 years old and still Waiting. NEVER CASHING OUT. LONG FOR LIFE, buy more every 2 weeks for LIFE.

    I rather POUR ACID in my EYES and CUT my hands off and cut my tongue out Before I EVER go against the SP 500 INDEX. I AM ALWAYS BUYING.

    EASIEST MONEY I EVER MADE IN MY LIFE. It Feels GOOD NOT BEING A POOR MAN IN THE USA.

    THANK YOU GOD for SP 500 INDEX and THANK YOU times 100 for the ES Futures Market.

    I WILL BE RICH. EASYYYY MONEY EVERY DAY OF MY LIFE. EASYYYYYYYYYYYYY EASY

    I LOVE AMERICA. EASY MONEY HERE. Just go up SP 500 Index.

    I made $800 in ES futures today in about 12 minutes. EASYYYYYY work.
     
  10. schizo

    schizo

    Dude, I've been trading ES since 2002 and let me tell you something. In a bear market, that's exactly what the bulls will end up with, a cyanide pill, to get them out of their friggin' misery. You obviously haven't learned your lesson during the 2022 bear raid, even though you've been here since 2014. :rolleyes:

    Now I ain't saying the bear market is upon us, but your I-will-never-ever-sell permabull mindset will not help you in the long run. But enuf said. Good luck.
     
    #10     Mar 5, 2024