SPY TECHNICAL
Risk of 3-5% drop in SPY...
Started by
Harapa
, Feb 19 2015 08:06 AM
12 replies to this topic
#1
Harapa
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Posted 19 February 2015 - 08:06 AM
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#2
brucekeller
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Posted 19 February 2015 - 09:03 AM
you're kind of getting a little taunty aren't you? 
#3
draggen33
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Posted 19 February 2015 - 09:14 AM
well i really hope you are wrong!!... in next 5 days - Very Low
SPY TECHNICAL
#4
Harapa
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Posted 19 February 2015 - 09:31 AM
No disrespect to anyone...I just present my evidence...may be the conclusions are irritating to "opposing views"...collateral damage I suppose...you're kind of getting a little taunty aren't you?
Edited by Harapa, 19 February 2015 - 09:33 AM.
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#6
OEXCHAOS
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Mark S. Young
Posted 19 February 2015 - 11:56 AM
I see a possibility of maybe 1-2% down, then back up. I'm looking at a lot of things that will take more than a couple days to set up for a larger decline. I was thinking maybe a week.
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#7
pisces
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Posted 19 February 2015 - 12:06 PM
No disrespect to anyone...I just present my evidence...may be the conclusions are irritating to "opposing views"...collateral damage I suppose...you're kind of getting a little taunty aren't you?
I really do appreciate your updates, besides you there are only 2 or 3 others that are positive right now and its fairly easy to follow you guys.just push the BUY button once in a while and take some profits occasionally.sort of easy right now. keep it up , THANKS
#8
Harapa
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Posted 19 February 2015 - 12:32 PM
If decline is triggered due to slow deterioration (of inputs) the setup will pick it within 1-2% of recent high, but if it happens due to rapid deterioration then 3-5% is the sensitivity (thus I offered a conservative view).I see a possibility of maybe 1-2% down, then back up. I'm looking at a lot of things that will take more than a couple days to set up for a larger decline. I was thinking maybe a week.
For trading 1-2% decline Momentum Meter is a better tools.
Edited by Harapa, 19 February 2015 - 12:32 PM.
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#9
CRUISENAL
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Posted 19 February 2015 - 01:40 PM
I agree, but looking out 4-8 weeks I would say be careful being Long.
... in next 5 days - Very Low
SPY TECHNICAL
#10
pdx5
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I want return OF my money more than return ON my money
Posted 19 February 2015 - 02:06 PM
I agree with the OP that chance of 3% decline in February is close to nil. However chance of a 30%+ decline is huge before end of 2016.
Edited by pdx5, 19 February 2015 - 02:06 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
