SPCFD:SPX   S&P 500 Index
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3
452 17
what do you see ? :)
Jan 24
Comment: the situation is looking funny and people may start dropping things...
Jan 24
Comment: M15 shooting start in the middle of the trend ? well...
Jan 24
Comment: M15 has also a cone forming as decision point. the decision we know - the market must accept it... 3 good company in a powder cloud do no good...
Jan 24
Comment: the cone was broken on the upside. without any good reason except that SBUX reported good profits. are we heading into another cool-aid cycle ? ...
Jan 24
Order cancelled
Jan 24
Comment: SPX may create another long leg as support for a bull move... see XLK and Ai stocks.

Comments

I see it going up for the time being...
Reply
LoLBeach gvoommen
@gvoommen, you mean ... bull ? :)
Reply
gvoommen LoLBeach
@LoLBeach, bear market rally. I see it coming down only in Feb based on the current rally.
Reply
LoLBeach gvoommen
@gvoommen, your answer is intriguing. you must know something which I do not. would you be so kind and elaborate ?
Reply
gvoommen LoLBeach
@LoLBeach, last year January 2018 we had a massive rally where optimism was very high. Then on Feb first and second week we just dropped like a stone. I am seeing a similar situation that is happening now. We don't have fear in the market anymore, as everyone is very optimistic. It will drop, but timing is everything.

Reply
LoLBeach gvoommen
@gvoommen, is a point. can be a good one considering the emotion in the market... still i feel that the sentiment is bearish (i am bearish biased anyway)... still European sentiment is really bad. US not sure... maybe not so bad.
+1 Reply
gvoommen LoLBeach
@LoLBeach, good point. The market is done, no doubt. Investor psychology is more important at times. You see the fear and greed index, as of now it is greed and hence the rally will continue for a few more days before the next big accident :)

https://money.cnn.com/data/fear-and-greed/
Reply
LoLBeach gvoommen
@gvoommen, nice link. appreciated !
Reply
gvoommen LoLBeach
@LoLBeach, no worries :)
Reply
2634 is kneck line. lets see. great job
Reply
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