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probably have seen a generational top


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#1 gannman

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Posted 24 March 2018 - 04:48 PM

i think the first wave down in the sp takes us down to about 1800 on the sp

 

then a wave 2 rally . just my take 


feeling mellow with the yellow metal


#2 OEXCHAOS

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Posted 24 March 2018 - 05:32 PM

Wow.

 

I think we poke through the lows, maybe, then take off for new highs.

 

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#3 jdjimenez

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Posted 24 March 2018 - 07:28 PM

I've poured over charts this weekend and see both scenario's as very possible, however, leaning towards going higher at least in the short term. Definitely leaning for a sell in May and go away trading strategy.

 

Funny thing happened today. A friend ordered a pallet of horseshoeing nails from China at the beginning of the month and was just informed that there will be an additional $4,000 tariff due upon pick up. Hit home fast!

 

jdjimenez



#4 gannman

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Posted 24 March 2018 - 08:12 PM

with the the qqq going to new highs and the dow and sp not 

 

that is a bad setup. we will see but i dont think april and early

 

may will be a good time for the market .


feeling mellow with the yellow metal


#5 gannman

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Posted 24 March 2018 - 08:18 PM

that is pretty amazing j.d didnt take much time for that 


feeling mellow with the yellow metal


#6 cycletimer

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Posted 24 March 2018 - 09:14 PM

Wow.
 
I think we poke through the lows, maybe, then take off for new highs.
 
M


Yep, I concur. What’ll surprise many and confound bears is when S&P heads back to the 3000 level.

#7 pedro

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Posted 24 March 2018 - 11:33 PM

"Yep, I concur. What’ll surprise many and confound bears is when S&P heads back to the 3000 level."

 

Think so too, at least a retest of prior highs fairly soon.

And that would imply new highs eventually to wind it up.



#8 da_cheif

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Posted 25 March 2018 - 08:06 PM

"Yep, I concur. What’ll surprise many and confound bears is when S&P heads back to the 3000 level."

 

Think so too, at least a retest of prior highs fairly soon.

And that would imply new highs eventually to wind it up.

wind what up?