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YaKa
Apr 16, 2015 4:40 PM

SPX - Resilient! - Roller Coaster Starts if below 2070 

S&P 500 index of US listed sharesFXCM

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YaKa
Kicked in!
confirmation below 2070.
High risk below 2050.
Rocketman
2041 support, I'd say.
YaKa
let's see that. I d say it drills through 2040, 2020, 1960... with rebounds on each of those.. but dax cause me concerns on the potential down..
Justiceisfalse
As long as we don't break above 2108 in the next few sessions, I think we get dragged down but the earnings will play a pivotal role here.
dreambig
This looks extreme case scanerio
YaKa
This is all relative.
I think what we have in the last 4 years is extreme... up 100%...
The long term growth is about 7% per year...
Market able to climb 16% in a few months many times in a row..
So for me having a buffer year where the market rests by in a 20% band is kind of normal moderate.
Speed brings volatility.. We definitely had speed and this is not extreme. It is strong correction projection but very far from extreme.
Extreme would be 40% a la 1987 or 70% a la 2008... this is just a little breather in a tsunami of liquidity...
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