SPX 2895, system is on a sell now.
Posted 04 September 2018 - 07:17 PM
The dip buyers will fight this as if nothing has changed, oh but it HAS changed!
Expect the market to crater between now and Friday.
Posted 05 September 2018 - 09:36 AM
I think the gap at SPX 2875 gets filled.
Agree then we'll see what happens
Posted 05 September 2018 - 10:31 AM
2880 SPX should hold on the first attempt, afternoon bounce in tech (JMHO)
Posted 05 September 2018 - 10:36 AM
We won't have a "free" market to trade until after the elections.
Posted 05 September 2018 - 11:01 AM
Nasdaq is looking bad. SPX was probably close enough for a fill. I'll watch the volume from here, best case for bulls is a double top then down.
Still I think 2814 is a possibility or 2850.
Posted 07 September 2018 - 09:14 AM
I don't think there is ever a gap down that goes unfilled, maybe 5% of them.