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

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GREAT Posting\ but good way to get red roasting , if one gets the main + medium trend wrong.
3 or more ,t- frames can be a good score with more or sometimes 3.......................

 

What an embarrassment. I really should have waited instead of jumping the gun. But, looking back, I don't think my forecast was that off, considering that the market didn't advance that much afterwards.

Ironically, we're right back down to when this thread was first created on March 5.

 

Here's daily Spread Ratio chart $SPX / $DXY showing top made March 21st. Also note bottom made Oct 27th, '23 same day $SPX itself bottomed:-

 

So what are you saying? That the market did reverse the trend (in 2 weeks) as I predicted?

But that doesn't matter now, does it? EVERYONE knows the trend reversed.

 

Good call/instinct, even if a tad bit early

 

Buy the 55 day high.

 

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What's that mean? 55 trading days into 2024? That would be about 5297. And probably a safe bet if we were to get there. But in the (300 point away) interim?

 

I understand he means the rolling last 55 days high

 

Confirmation.

That I was late and you were early.

 

Remember when then minor correction happened? Yeah it feels like it never happened. Already on it's way back to ATH. The most unstoppable market you've ever seen. It might be a very long time to even see anything that resembles what happened mid April. It's already over and back to the usual pump and make a V of everything market.