Jump to content



Photo

It's about the Time Again


  • Please log in to reply
5 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 12,523 posts

Posted 28 January 2019 - 11:54 AM

for a tank like in the late January/early February of 2018.  With the new development in the relevant geopolitical events there should be no reasons for SPX 50dma to hold this time.  When it's lost the minimum downside target is 2550.


Edited by redfoliage2, 28 January 2019 - 12:00 PM.


#2 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 3,447 posts

Posted 28 January 2019 - 04:05 PM

for a tank like in the late January/early February of 2018.  With the new development in the relevant geopolitical events there should be no reasons for SPX 50dma to hold this time.  When it's lost the minimum downside target is 2550.

 

 

ONLY 2550???

 

Looking for retest of December lows, and further decline to SPX 2240/50

 

But, not all this in January....got to leave some of the decline for later in the year.....or how else can we trade and make some $$$ throughout the year?



#3 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 12,523 posts

Posted 28 January 2019 - 04:13 PM

 

for a tank like in the late January/early February of 2018.  With the new development in the relevant geopolitical events there should be no reasons for SPX 50dma to hold this time.  When it's lost the minimum downside target is 2550.

 

 

ONLY 2550???

 

Looking for retest of December lows, and further decline to SPX 2240/50

 

But, not all this in January....got to leave some of the decline for later in the year.....or how else can we trade and make some $$$ throughout the year?

 

Minimum target at 2550 short term.  High probability for re-testing Dec. low in February..............


Edited by redfoliage2, 28 January 2019 - 04:19 PM.


#4 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,166 posts

Posted 29 January 2019 - 08:59 AM

for a tank like in the late January/early February of 2018.  With the new development in the relevant geopolitical events there should be no reasons for SPX 50dma to hold this time.  When it's lost the minimum downside target is 2550.

2050 would not surprise me.
"we do G.d's work" Lloyd Blankfein

#5 Waver

Waver

    Member

  • Traders-Talk User
  • 430 posts

Posted 29 January 2019 - 09:55 AM

Seems like we are in a triangle for about 7 days thus far.
Hasn’t topped yet

#6 cycletimer

cycletimer

    Member

  • Traders-Talk User
  • 2,365 posts

Posted 31 January 2019 - 10:47 PM

The longer we stay up here and above 2600, the less and less likely the market touches/retests the Dec lows. I think a 2-3% pullback from here is all we get, some sideways action, followed by a rally to new all time highs at 3200 area. Thats my fearless forecast for the first 1/2 of 2019.