Weekly Poll: Pullback This Week? PART 4

Discussion in 'Trading' started by shortie, Oct 1, 2010.

SPY Next Week?

  1. Bullish

    14 vote(s)
    48.3%
  2. Flat

    0 vote(s)
    0.0%
  3. Bearish

    13 vote(s)
    44.8%
  4. I prefer to keep my opinion to myself

    2 vote(s)
    6.9%
  1. S2007S

    S2007S

    Does this have to do with the current currency war going on????



    *NIKKEI
    9486.07 81.84 +0.87%
    *HSI
    22675.15 316.98 +1.42%
    *CHINA
    2655.6577 44.9797 +1.72%
     
    #21     Oct 3, 2010
  2. MKTrader

    MKTrader

    Which futures are you looking at? The U.S. stock futures have been mildly negative to flat. EURUSD down as well.
     
    #22     Oct 4, 2010
  3. A good futures link is http://noir.bloomberg.com/markets/stocks/futures.html
    The futures were red all night. [​IMG]
     
    #23     Oct 4, 2010
  4. #24     Oct 4, 2010
  5. Looking at futures Sunday afternoon means they have all night to turn. [​IMG]
    It was very red Sunday 7:30 pm.
     
    #25     Oct 4, 2010
  6. LEAPup

    LEAPup

    Chop, chop, chop, chop...
     
    #26     Oct 4, 2010
  7. Bear flags do that. [​IMG]
     
    #27     Oct 4, 2010
  8. We're at resistance. [​IMG]

    [​IMG]
     
    #28     Oct 5, 2010
  9. S2007S

    S2007S

    Once we break and close above 1150 do year end price targets get raised once again?

    It seems the permabulls, after a price target is met they continue to raise the targets as if the market rally can continue without any obstacles in its way.

    They never issue any kind of sell or even profit taking ideas, just full steam ahead as if there is no such things as corrections and even collapses.
     
    #29     Oct 5, 2010
  10. SPY reached a new high in this rally

    BUT

    QQQQ did NOT!

    this could be really the sign that the rally is over.

    Shortie Prornosticatoff Out :cool:
     
    #30     Oct 5, 2010