29 replies to this topic

[redfoliage2]

Very bullish SPX going to 3750.  Thanks to the Fed ...................

Edited by redfoliage2, 17 December 2020 - 03:31 AM.

[redfoliage2]

Very bullish SPX going to 3750.  Thanks to the Fed ...................

And SPX re-balancing .................

[redfoliage2]

Tesla up 11 points right now and it will be added to SPX after close tomorrow.  SPX will start next week with a new composition.  Going to be a huge day tomorrow  .....................

Edited by redfoliage2, 17 December 2020 - 10:28 AM.

[12SPX]

Possibly, but key word is its up "today", quads have been losing their luster of late, but I will heed your warning and play it accordingly!   

[redfoliage2]

With Tesla's huge market capitalization the impact on SPX going to be phenomenal.  A present from Santa Claus ......................

Edited by redfoliage2, 17 December 2020 - 11:19 AM.

[tsharp]

IMHO, Important day for the SPX... gap and crap, mimicking the March touch on the Wave-2 channel 150% UTL or will it close above and signal a rise to the ~4000 range?

 

 

[redfoliage2]

The market is hanging on here waiting for the relief bill to be passed by the Congress.  Be patient as it must be passed sooner or later.  For now just focus on the SPX and QQQ rebalance moves tomorrow................................

Edited by redfoliage2, 17 December 2020 - 03:49 PM.

[traderx]

I am set for bigg win Monday----we will see. Nice to see you up early Red!

[redfoliage2]

I am set for bigg win Monday----we will see. Nice to see you up early Red!

The stimulus bill is set to pass over the weekend ......................

[12SPX]

Didn't they say that 4 mths ago lol!!