Daily S&P 500 INDEX TRACKER

[frostyboy]

Technically the S&P500 needs to break down 1906-1915 on momentum, to go lower. I've covered my shorts, i) I don't take a trade that's too obvious ii). We are far away from moving averages that can have intervention. This doesn't mean I will go long, one of my money managements is don't go against the primary trend when trading.

[kiora]

Technically the S&P500 needs to break down 1906-1915 on momentum, to go lower. I've covered my shorts, i) I don't take a trade that's too obvious ii). We are far away from moving averages that can have intervention. This doesn't mean I will go long, one of my money managements is don't go against the primary trend when trading.

Heading there to 1915.Is the momentum indicating it will get there in the next month ?
If so how low will it go?
What do you think FB ?

[frostyboy]

Heading there to 1915.Is the momentum indicating it will get there in the next month ?
If so how low will it go?
What do you think FB ?

It closed at 1932 and has put in a bottoming tail.
Type of momentum that could take it lower:
i) A failed move up/bull trap. This could happen within the 1910-1990 trading range
ii) A negative news event whilst the index is hitting support at 1910

I would rather take a trade on i) than ii)
I don't know if it will be lower next month and how low it will go. I think it will be lower 1 year from now and we are currently in phase 1 of a bear market

[frostyboy]

Follow the leaders:

[kiora]

Has sentiment changed ?Yellen flags bias to increasing interest rates by end of year & the S &P doesn't drop !
https://nz.finance.yahoo.com/news/bo...230219351.html
https://nz.finance.yahoo.com/q?s=^GSPC

[kiora]

Follow the leaders:

Maybe oversold?

[kiora]

Maybe oversold?

No ,not oversold 1870 for the S&P coming up before Xmas ?
The fluctuations in Volatility (fear index) is showing decreasing osculations since 2007.
https://nz.finance.yahoo.com/echarts...5EVIX;range=1y
Is flash trading loosing its touch,60% or more of the market

[winner69]

No ,not oversold 1870 for the S&P coming up before Xmas ?
The fluctuations in Volatility (fear index) is showing decreasing osculations since 2007.
https://nz.finance.yahoo.com/echarts...5EVIX;range=1y
Is flash trading loosing its touch,60% or more of the market

Before Xmas?

Maybe today at this rate

[winner69]

Maybe oversold?

When BABA floated and had a great few days the S&P hit 2130 - the high at the time and just beaten again.

Some said all this stupid and such stupidness signals the high of the S&P in this cycle - the end of the bull run

Looks they were right

[kiora]

When BABA floated and had a great few days the S&P hit 2130 - the high at the time and just beaten again.

Some said all this stupid and such stupidness signals the high of the S&P in this cycle - the end of the bull run

Looks they were right

Agrees W 69,It really just makes a mockery of recommendations
https://nz.finance.yahoo.com/q/ao?s=BABA