ch4otik
Short

S&P TRAJECTORY

AMEX:SPY   SPDR S&P 500
I posted a similar chart earlier but I guess I'll post it again with a very minor tweak to the top trend line .
It's still going down the tubes, I think. Just a lot more gradually than I previously anticipated.
Watch your asset allocation and make informed trading decisions. :-)
Comment: well. as we all should know by now, your opinion doesn't matter. The market does what it does without reason. After being "right" for so long I have forgotten that and appreciate the reminder. Don't let the sense of being "right" fool you into thinking you understand the markets.
Comment: Are we heading down again?
That top trendline that marked the 2015 high point was just hit.
Your thoughts are welcome
Don't 'short' you crazy person, Lol! SPY just confirmed a DCL and is on his way back up to 213.
Reply
ch4otik Nightstar
I don't see that happening. But even if it does, it would be a temporary thing.
Either way. I'm not a fortune teller. I just read what the market dictates and as of now it's a short.
The timing of entry is up to the independent trader.
Reply
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