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S&P 500 (SPX)

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Symbol
Exchange
Currency
US500DerivedUSD
SPXNYSEUSD
Currency in USD
Disclaimer
5,048.42
-23.21(-0.46%)
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S&P 500 Discussions

4200 target
squeeze water utilities
At just before 1 pm EST, the jist of today's dip and over, will stabilize soon and move higher into close. Momentum projections indicate a lower low (than today's) Mon. or early Tues., before this consolidation phase ends, forming a higher low to last week's, and the index move higher.
By the way, buy as much as you want, I will be delighted to continue selling and going against you
i follow a few traders on here. imo and through their history have shown they know what they are doing. that doesn't mean that they are 100% always right. as i bet you are not 100% alwats right. there's always a risk. if you sell everything that's a risk as much as going all in long. regardless of your belief on his indicators i honestly appreciate ppl like Tim who do say what they are doing and why.
i follow some perma bears too
Seems like buying this after middle of the summer, especially every time it starts going up is a perfect opportunity to lose money...
Folks should have bought around Memorial Day, sold week after 4th of July and bought last week. Too soon to know the exit, but this sideways consolidation phase is not the spot. And for those who seek more long exposure, or less short exposure, my GUESS is no later than next Tues. morning.
Keep pressing bears...
💪🏻💪🏻 Good job. Of course we will continue. We don't even have days or weeks as limit to stop selling. And even when we were right, we had frustration of not having shorted much more. Will do as soon as markets open. Will be happy to risk all our money against the ridiculous greedy bulls
Man, I have 2 meetings since 10 AM, and the indicators change, now showing the bullish peak before 10 AM, the low of this swing down around 1 or 2 EST,, a modest bounce into close that's a lower high than morning, and then more downside on Mon., which MAs indicate being a lower low.
i made good moves from you. I am thinking of investing in WT. I only move etfs. I'm not an option guy
just wondering if its relatively easy to understand WT from videos. I just want heads up on buy/sell using 3x to manage settled cash
That's safer. The longer term one's direction, the less risk and more certainty.
squeeze the water utilities
sell its Friday
Massive sell coming
Adding short exposure back near session open for a morning decline.
Shoot. Now the algos show strength holds on this morning. Eminis were projecting a downtrend this morning after open, but as soon as 9:30 cash session traders came in, the algos got more bullish, especially for SPX which has tons more volume. I'm gonna exit my puts bought minutes after open beore there's a loss.
lol
Keep shorting ⬇️
Big short coming 3400 🐻🐻🐻
when approx?
This is not good.
This is bad.
20% lower by next Fridays close, trade carefully
So bullish
Turned off the algos to maintain the orderly descent
4200 target
Add to shorts on the weak bounce. There's no buyers
puts are the way !!!
Grease is the word.
I exited 2/3 of my SPY puts around 2:50 pm around 4342-45. Algos indicates slight move up into close, probably early tomorrow session, and I'll add back puts (shorts) tomorrow early session if it looks agreeable. We hit so low today, and the momentum (PPM) metrics aren't projected to fall as low tomorrow as today, so it may be this was the low and tomorrow a higher low, but regardless, I'll worry about that tomorrow once we see how session opens. I still hold a small short position in case things don't go as planned. Sorry I didn't notice this closer to 2:15 when the 5-min. PPM chart showed a steep reversal coming. I was doing something else and missed the best exit.
bounce, 4337, mmw
This is so nice to see. I hope Bulls can sleep tonight. So FAIR.
Bulls will soon realise bear martket is not over … only distorted by 7 stocks….
Very very true. That 7 liar gonna be put this under 3800 til the end of 2023.
Gonna put... sorry
wrong
Now upside
nah
yeah, ath comming then i
4480 close Friday
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