Deep distributions near the top showing smart money looking for protection. The index is now predisposed to touch the R1 line and technical analysis is making it a magnet. It has to be tested and the index will have to bump, offering good profits before deciding if it goes towards new heights or test the R2 line too.
The US elections will trigger everything. So far the elections are not decided, but when money realizes who is winning the race it will show the direction. Most probably this will go on until the last day somewhere in November.
The illness of the EU together with a renewed refugee crisis might contribute to the chaos.
S&P 500
- makarid
- To become a Pro
- Karma: 29
Post
Re: S&P 500
[quote="Arbusers":2c2kpzf6]
Deep distributions near the top showing smart money looking for protection. The index is now predisposed to touch the R1 line and technical analysis is making it a magnet. It has to be tested and the index will have to bump, offering good profits before deciding if it goes towards new heights or test the R2 line too.
The US elections will trigger everything. So far the elections are not decided, but when money realizes who is winning the race it will show the direction. Most probably this will go on until the last day somewhere in November.
The illness of the EU together with a renewed refugee crisis might contribute to the chaos.
[attachment id=0 msg=49624]
[/quote:2c2kpzf6]
I am waiting so much for this!!!
Deep distributions near the top showing smart money looking for protection. The index is now predisposed to touch the R1 line and technical analysis is making it a magnet. It has to be tested and the index will have to bump, offering good profits before deciding if it goes towards new heights or test the R2 line too.
The US elections will trigger everything. So far the elections are not decided, but when money realizes who is winning the race it will show the direction. Most probably this will go on until the last day somewhere in November.
The illness of the EU together with a renewed refugee crisis might contribute to the chaos.
[attachment id=0 msg=49624]
[/quote:2c2kpzf6]
I am waiting so much for this!!!
- RoosterDonky
- Has experience
- Karma: -3
- arbusers
- Administrator
- Contact:
- Karma: 626
- arbusers
- Administrator
- Contact:
- Karma: 626
Post
Re: S&P 500
This is the S&P500 index, but believe me, if that crashes, most indexes will follow simultaneously.
- bookieslayer
- Has experience
- Karma: 6
Post
Re: S&P 500
I have heard this in passing a few times now from different sources. I think it's time I look into it a bit further. I have a little tied up with some mining companies in the Australian Securities Commission.
- arbusers
- Administrator
- Contact:
- Karma: 626
- Kalf1992
- Gaining experience
- Karma: 6
- Esso
- Gaining experience
- Karma: 7
Post
Re: S&P 500
Probably more war. Today Obama is deciding if he will directly attack syria and assad. Looks like another WW could start. If we look back in history goverments likely to go to war to distract from their failling policies and economy.
Big changes are coming in the next two years. The endgame of our failed financal system is coming now. Be prepared.
Big changes are coming in the next two years. The endgame of our failed financal system is coming now. Be prepared.
- bookieslayer
- Has experience
- Karma: 6
Post
Re: S&P 500
Big changes are coming in the next two years. The endgame of our failed financal system is coming now. Be prepared.
[/quote]
Totally agree although the changes always seem to take longer than predicted.
Mike Maloney does a great job of summarizing everything in his vids
[/quote]
Totally agree although the changes always seem to take longer than predicted.
Mike Maloney does a great job of summarizing everything in his vids
- Kalf1992
- Gaining experience
- Karma: 6
- arbusers
- Administrator
- Contact:
- Karma: 626
Post
Re: S&P 500
My prediction was published in 20th of August when S&P closed at 2183. Today, it is at 2277. Therefore it is 4.3% higher than my starting point. I say the odds are on my side.Kalf1992 wrote: We are now on a very time high. Still confidence this market will crash?
- Kokos, CFA
- Gaining experience
- Karma: 5
Post
Re: S&P 500
My humble opinion is there will be a correction this year. FYI correction is not a bear market.
- Kalf1992
- Gaining experience
- Karma: 6
Post
Re: S&P 500
I don't quite understand I think. It thought you suggested it will go to line R2 and so going down? But you say the other way around more following line R1 so up? Then I understand it wrong unfortunate. What do you think know still money moving up or just sell it and take the losses?Arbusers wrote:My prediction was published in 20th of August when S&P closed at 2183. Today, it is at 2277. Therefore it is 4.3% higher than my starting point. I say the odds are on my side.Kalf1992 wrote: We are now on a very time high. Still confidence this market will crash?