jonasopdahl
Short

SPX500 All Time High in 2016?

FX:SPX500   S&P 500 index of US listed shares
116 0 2
Wall Street doesn't see much downside risk in stocks . Well, we might get a 2.5% intraday meltdown on the first trading day in 2016 but that's just how the game goes. Right?

The probability of investing in stocks in 2016 hoping for a 20%, 50% or 100% return in the next 2-12 years is close to zero. If you wanted to invest in stocks you should have done it when there was "free money" available. ZIRP.

I think the possibility of a correction down to 1,500 in the S&P             in 2016 is high but a few technical levels need to break. The fact we haven't seen a new high in the S&P             is a bearish signal. Lower highs, lower lows. The longer term lower low is the Black Monday low sub 1,830. If that goes, Game Over for a while.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out