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BULLS STAMPEDE! SPX 5K next major target


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#121 12SPX

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Posted 26 January 2024 - 09:23 AM

buy buy buy lol!!  Profit stop 4919 and 17560 for the cash open, will sell above....



#122 12SPX

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Posted 26 January 2024 - 09:37 AM

Out of ES trade for a 4 point profit and back in with short build at 4925 and out of my NDX trade for a profit of 15 points and waiting to resell



#123 12SPX

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Posted 26 January 2024 - 10:03 AM

Hmmmmm, 4925 and 17550 short on the ndx, build from here in this super bull market with rising bond rates, expensive call options, flat economy, and way overbought market lol!! 



#124 12SPX

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Posted 26 January 2024 - 10:13 AM

profit stop 4925, 17549, sell above



#125 12SPX

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Posted 26 January 2024 - 10:16 AM

actually make that 17545.... sell above



#126 12SPX

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Posted 26 January 2024 - 10:34 AM

Out for a 5 point profit each on my ES and NDX trade and starting a short build at 4925 and 17575 once again....



#127 redfoliage2

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Posted 26 January 2024 - 10:41 AM

 

Fresh data on the market breadth indicating this bull run is far from over even though the market kept making new highs.  The McClellan Oscillator index just moved above the zero line and this is the first time since the end of last year, indicating the bull run is likely to continue ..........................

 

As the McClellan Oscillator is turning up from the zero line (as it is now) dips like this are likely to be bought quickly.  I'd be prepared for new highs coming .................


Edited by redfoliage2, 26 January 2024 - 10:46 AM.


#128 redfoliage2

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Posted 26 January 2024 - 11:01 AM

 

 

Fresh data on the market breadth indicating this bull run is far from over even though the market kept making new highs.  The McClellan Oscillator index just moved above the zero line and this is the first time since the end of last year, indicating the bull run is likely to continue ..........................

 

As the McClellan Oscillator is turning up from the zero line (as it is now) dips like this are likely to be bought quickly.  I'd be prepared for new highs coming .................

 

Recent data indicating money has been moving from big caps into small caps ........................


Edited by redfoliage2, 26 January 2024 - 11:05 AM.


#129 12SPX

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Posted 26 January 2024 - 11:13 AM

Still holding my 4925 ES trade and added to my ndx trade averaging 17585 now...



#130 12SPX

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Posted 26 January 2024 - 11:15 AM

 

 

 

Fresh data on the market breadth indicating this bull run is far from over even though the market kept making new highs.  The McClellan Oscillator index just moved above the zero line and this is the first time since the end of last year, indicating the bull run is likely to continue ..........................

 

As the McClellan Oscillator is turning up from the zero line (as it is now) dips like this are likely to be bought quickly.  I'd be prepared for new highs coming .................

 

Recent data indicating money has been moving from big caps into small caps ........................

 

And that means it'll be tough for new highs to happen which btw is really only the mag 7...