anilmangal

SPX500 Consolidation.

FX:SPX500   S&P 500 Index
3679 11 136
SXP500 in a consolidation and could be in there for a while, but buying the break out looks like a good idea!.

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Hi Anil what do you say on SPX 500 now? It is just on the downside channel .. Plz reply as your comments r valuable. thnks
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Agree, here are some of the reasons;



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I think overall 2015 trend shows bulls tiring. I anticipate the 2009 oil lows being broken within the first quarter of 2016, if this happens equities will likely revisit August lows or lower.
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Agreed, we're headed sideways/up. Buying dips or breakouts is good.
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Hope this is!
+1 Reply
break the trend line short and stop @1750.0, for the completion of a flat
+1 Reply
whipsaw algo mania



+1 Reply
Never traded the S&P 500 before, Anil.
Will give it a go and see what happens.
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the correction looks like a running flat
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