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
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
Posted 24 March 2018 - 05:32 PM
Wow.
I think we poke through the lows, maybe, then take off for new highs.
M
Mark S Young
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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
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 .
Posted 24 March 2018 - 08:18 PM
that is pretty amazing j.d didnt take much time for that
Posted 24 March 2018 - 09:14 PM
Wow.
I think we poke through the lows, maybe, then take off for new highs.
M
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.
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?