Looking at a range of 2789 to 2812 as the "inflection point". No idea what happens then....appears we either head to new highs or the 2600 region.....EGADS....
Good Luck all.
FS
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Looking at a range of 2789 to 2812 as the "inflection point". No idea what happens then....appears we either head to new highs or the 2600 region.....EGADS....
Good Luck all.
FS
Well, those tariffs are finally biting us in the ass. We have the big drop from 3029 with a healthy retracement and now, this week, what very much looks like a continuation down. As a wave...
My guess is that we hit the 2720 area tomorrow and then bounce on Tuesday. I expect Wed-Thurs to be down to even. And no idea about Friday. And therein lies the big question. Macroeconomics teaches...
WAVE COUNTERS ARE CONCERNED NEXT WEEK COULD BE TOUGH BY MIDWEEK..HERE'S A CHART. GOOD LUCK OUT THERE.
FS
I'm enjoying the ride up. Guessing it stops just short of 2900 with 150-160 point reversal. Sometime later next week, probably Friday. The wife and I are off to Texas for barbeque, country music, a...
I don't see either side backing down. Our economy is currently strong. I'm betting the thinking is "Leave that worry for another day." So I see both parties holding tough positions until something...
The last time 13 and 34 DMA's crossed was back in late January...
The market has been on a tear since..
They almost crossed back again yesterday..
Suggest folks keep their eyes on that pattern..
...
One of traders I follow has posted this EW scenario which is currently the main scenario I've been following for a while.. Based on the strength of the market, we could very possibly break out of...
Today I think we'll see SPX at 2778 IF it retreats under 2820, which I think is probable. Then, because of the of the strength of the market perhaps a bounce back to 2834. My analysis is changing day...
Good post Q. Makes you wonder whether this thing extends to a point that we revisit the December lows...I wouldn't be surprised.
FS
I'm looking at today like the 1st day of a Government Shutdown. It will get worse as time goes on and some folks are going to be hurt in a bad way, Agriculture but also many manufacturing and...
I'm reading others saying the same TS, and a few alternative counts that go a different direction..
FS
Are we at an inflection point? Inquiring minds want to know....and I'm guessing the truth will be revealed after our IFT cut-off time....In the meantime, a little humor for all my TSP friends..44367...
I'm guessing 2855-2840 area tomorrow and a deeper retrace after Friday. Wouldn't be surprised to see us retouch the December lows. Who know what happens after we pullback. This has been a very robust...
I think rspring is right and the market knows it. But in Trump's defense, the US Trade Rep negotiated a good deal. One of the key agreements was that China would implement these Trade Agreement...
Who knows what goes down tomorrow. Word has it the Chinese Vice Premier will be here for the trade talks. China retreated from agreements it had made with American negotiators. Trump has declared...
I didn't know James was that much younger than I am, but i've always know he was more mature..:D:D:D
Good luck on your move James.
FS
James is a kitten compared to me...
Or perhaps i should say it this way...I take lots of naps...:D:D:D
FS
It SPX goes below 2931 - stand by for heavy rolls..
FS
I've was expecting a big decline to occur the last time it dropped from 2880 down to 2350. It dropped, but recovered very nicely. Just goes to show the strength of a market when corporations pay no...
Still have 2 IFTs burning a hole in my pocket. But I don't plan to use either of them until SPX exceeds 2898, or shows it's finally beginning it's journey back to 2583. It seems to thinking through...
Holding back. Waiting for a good buying opportunity. There is also a gap on the daily between 2874 and 2880. If we can hurdle over I expect further upside. In addition, there is a nice H&S on the...
My number for the market returning to 2880 or higher was 2836. Today SPX hit 2836.03 and them pulled back a few points. Monday is likely begins a squeeze or melt up headed to 2880. It's possible it...
Interesting things happening....I've been watching the inverted yield curve and bonds..that has my attention. The bond market looks ready for an event. Media is talking fears of recession abroad but...
You appear to have all the qualifications of an experienced "registered and licensed" sampler!!!:D:laugh::smile:
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