Reverse into what? A 2-4 week dip, maybe. Something more substantial (if you ever want to see below about SPX 4800 again) will need a significant bearish change on the macro front... such as an inflationary breakout which spooks the Fed into hiking mode once again.
Hello schizo, I do not give a rat ASS about no damn bear market or have no clue what happen in 2022, or 2023, or 2018 and can care less. Bear market, bull market, upside down market, interest rates, loan rates, inflation rates, Donald Trump, Biden, KKK, Russia war, alllll that bullshit. I do not care about anything crap. Waste of time. I ONLY care about GETTING RICH for GURAANTEED certainty and QUICK and not losing money. Long and Strong the SP 500 Index since 2008 first month out of college. I am up ALOT of money and guess what: 1. All I did was auto pilot send $1200.00 to SP 500 index fund every month on autopilot since 2008. 2. NEVER did any research 3. NEVER looked at chart 4. NEVER sold any shares 5. NEVER ask anyone any questions 6. NEVER EVER read a DAMN BOOK 7. NEVER EVER paid a finical advisor a penny. 8. Re-Invested all dividends 9. NEVER got advice 10. NEVER SOLD 11. NEVER search online 12. NEVER ever looked a the daily chart or weekly chart 13. NEVER read any internet article about the market long term. 14. I sleep 8 hours a night 15. AND MY BANK ACCOUNT IS UP BIG 16. I AM GURATNEED TO BE A MILLIONAIRE in about 10 years I reckon. I do not check. 17. NEVER READ a BOOK and NEVER EVER WILL. 18. I did NO WORK and NO THINKING!! 19. ZERO RISK and most importantly 20. I AM NOT POOR and i HAVE NOT LOST A PENNY IN SP 500 Index Fund. EASY MONEY. And I take money from the ES future markets EVERYDAY EASILY. WIN - WIN for me. Work Smart not hard.
Hello schizo, Why you make life so hard and complicated? Just buy the SP 500 index and make money man. This is the easy money with SP 500 index. Do not waste your time trying to figure out the big daily bars, come on the small bars for the thinking. Then go to the ES futures market to get millions from there. Just keep it Simple.
SimpleMeLike, I'm not trying to rain on your parade, but you and both know that #5 is NOT true. You asked me in PM and I've also seen you ask several questions on this Forum. Is this the same man? Humility is not a crime.
Hello mikeriley, I am referring to questions about investing in the SP 500 index long term. My questions to you and others is related to day trading futures market and how to get rich in futures market ONLY. ONLYYYYY Asking questions to get rich in futures market is a blessing. Cost is $0.00
Well, I'm not saying we will reverse and go straight into a full-fledged bear market, but something feels very different this time around. Call it a sixth sense. I expect a deeper pullback than normal, somewhere in the magnitude of 8%-10%, which would put us at around 4800-ish for the SPX (and that coincides with the 2022 high).
Hello mikeriley, Worry about and consider Humility after getting rich in the futures market. No such thing as getting rich in the USA worrying about Humility. We are in the futures market. We eat EXACTLY what we hunt. Make a lot of money in futures market or starve of hungry. Get that Humility crap out of here. Lets get rich, quick. You think Steve Cohen or George Soros or Stanley Druckenmiller or Carl Icahn cares about Humility. NOPE, getting rich ONLY. Think the same ONLY.