jonasopdahl
Short

SPX500 All Time High in 2016?

FX:SPX500   S&P 500 Index
117 0 3
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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out