My last update on this topic:
http://www.traders-t...?...=149794&hl=
KMB
SPX Up 10+% in 1st 100 Days Chart
Started by
kssmibotm
, Nov 23 2013 02:08 PM
1 reply to this topic
#1
kssmibotm
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- Traders-Talk User
- 653 posts
Member
Posted 23 November 2013 - 02:08 PM
Despite a strong rally in the SPX since October, the index has still not touched the upper +1 STDev band, although it is getting close. The upper band would be touched if the SPX closes at 1843 on Monday. With Friday's close above 1800, the SPX has already exceeded the average yearend gain for similar years by 2 percentage points. Looks like there is not much more upside potential and a lot more downside risk. I am still long but hedging with SPY puts.
My last update on this topic:
http://www.traders-t...?...=149794&hl=
KMB
My last update on this topic:
http://www.traders-t...?...=149794&hl=
KMB
People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.
#2
viccarter
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- Traders-Talk User
- 1,825 posts
TRIN_Rida
Posted 25 November 2013 - 10:23 AM
thanks for the update. Certainly has been one of the better macro-charts of 2013.
VC
