Member
Posted 24 July 2019 - 03:19 PM
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There is an 8/16 TD top due early Thursday on the Jupiter/Mars trine. I see SPX 3027 +/-. Today may see 3020.
3019.53 pretty close forecast!!!
Thursday's earnings will be decisive.
I am seeing string buying and some capitulation by bears but not enough.
So, my most probable path is slow grind up into month-end and FED cut.
I expect a big decline after that.
I am patient but on alert for any drop before the FED cut
Member
Posted 24 July 2019 - 04:06 PM
.
There is an 8/16 TD top due early Thursday on the Jupiter/Mars trine. I see SPX 3027 +/-. Today may see 3020.
3019.53 pretty close forecast!!!
Thursday's earnings will be decisive.
I am seeing string buying and some capitulation by bears but not enough.
So, my most probable path is slow grind up into month-end and FED cut.
I expect a big decline after that.
I am patient but on alert for any drop before the FED cut
If the put/call ratio stays where it is, it will be low enough to be a bit of a worry. @hmeisler @WillieDelwiche #sentiment
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
