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It's a Game of Liquidity


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#31 12SPX

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Posted 31 March 2021 - 08:41 AM

Hmmmm on the 22nd you said: "With the March OpEx gone another cycle begins.  Expect SPX 4000 by the the end of the month.  The focus now is on the quarterly reports and bonuses for funds  ........................."   Do think you have more of a chance with a new month coming but its sure being a struggle!  Even though there is lots of cash out there, the debt levels, margins, most expensive market ever, sentiment insanely bullish, so far above the 200-day,,,,,biden = volatility!  Guess we'll see! 



#32 12SPX

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Posted 31 March 2021 - 08:51 AM

We are close though on the cash market up about 2% from there so that's pretty good! 



#33 redfoliage2

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Posted 31 March 2021 - 08:51 AM

SPX 4000 tomorrow.  Now it's about the time for a pre-earnings run-up.  New highs in both SPX and NAZ are inevitable in April after the multi-week consolidation since mid Feb.......................


Edited by redfoliage2, 31 March 2021 - 09:01 AM.


#34 redfoliage2

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Posted 01 April 2021 - 12:50 PM

SPX now over 4000.  Time to take profit before the long weekend ..................


Edited by redfoliage2, 01 April 2021 - 12:56 PM.