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. No. It was November of '22 and then was when the market bottomed.

    Impossible and guaranteed- yeah well this market is different so I can use those. It doesn't matter, this thing is never going down again.
     
    #81     Mar 7, 2024
  2. Regarding the expiration debut's, you're just wrong. Here's the PDF - CBOE Tuesday / Thursday listings. You can jump on onDemand on TOS and see them available on these dates.

    You're welcome to your viewpoint... its naive, myopic and misguided. I hope you become more openminded in the future. Trading is about probabilties and nothing is 100%.

    Best of luck
     
    #82     Mar 7, 2024
  3. That prospectus says subject to approval. I'm still pretty sure it was in November or maybe late October. Def wasn't in April. I will do more research and get back to you.

    As for market you can call it whatever you want, but I call it as I see it. I've been doing this thing a while and I have never seen an unstoppable bull run quite like this.It's not naive or myopic. There's unlimited printed money, infinite liquidity that will eat up every small dip. How exactly is that going to be overcome? Market won't stop going up.

    If this ever were to change, I would be the first person to point this out, but it's been like this for a year and a half and is showing no sign of stopping. And the force is getting stronger and stronger.
     
    #83     Mar 7, 2024


  4. Yeah, it was in November.
     
    #84     Mar 7, 2024
  5. That was spy and qqq, I was referring to SPX which was the first underlying to get them. So I reassert, 0 dte options have existed since the dates mentioned.
     
    Last edited: Mar 8, 2024
    #85     Mar 8, 2024
  6. MarkBrown

    MarkBrown

    [​IMG]
     
    #86     Mar 8, 2024
    schizo and Zwaen like this.
  7. OK fine, but still not the same. QQQ and SPX are a big part of it. Those ETFS control a lot of activity in the market, especially QQQ. QQQ has big tech, which essentially moves the market. So I still stand by that those ETFS were the game changer adding 0DTE. We have yet to see the type of days we saw in '22. Those large directional moves, especially to the downside.
     
    #87     Mar 9, 2024
  8. ES short @ 5179.50

    Could be a 50+ pt decline today

    Target over next few days 5075

    ES in downtrend 5m/30m/1hr/4hr/daily

    Needs to hold 5195 on 30min TF to invalidate call
    (5195 level is dynamic)

    Watch n learn



    es-5179.50-short.png



     
    #88     Mar 11, 2024
  9. OK. This is going to be a tough fight. Market is incredibly hard to bring down.Not going to fall big today with CPI tomorrow. If anything it closes green or doji. Best of luck to you, but why the arrogance?
     
    #89     Mar 11, 2024
  10. schizo

    schizo

    Funny, I got in at the exact price as you.:)

    Anyway, if there's one thing I cannot stand, it's that phrase: Watch and learn. Sounds so damn condescending, don't ya think?
     
    #90     Mar 11, 2024