Stardate 2018.5.2 Be Careful boldly claims S&P 2850 before July 25. Stardate 2018.7.18 SP500 hits 2817 and closes within 2% of its all time high. Coincidence? Hmmmm.... OpEx is Friday...FOMC meeting is 1-2 Aug...China is trading in Bear Market territory...gold and VIX are trading lower...next significant Bradley Date is not until August...and 25 July is only a week away. All models are wrong...some are useful...but always in motion the future is...so, Be Careful!
I believe they'll be a small pull back the 2775 that may be a smash up to 2900 I'm not sure if we going to load it 2775 I would have to down entirely in my opinion
Bitcoin is a proxy for the stock market.
ReplyDeleteBitcoin topped in December followed by SPX a month later in January.
Bitcoin is weak but bouncing and this bounce may last into the Fall. Expect the relationship to continue with SPX topping later this year...
sc are u going long gbtc
ReplyDeleteI might consider it short term, but later in the year looks much more promising.
ReplyDeleteStardate 2018.5.2 Be Careful boldly claims S&P 2850 before July 25.
ReplyDeleteStardate 2018.7.18 SP500 hits 2817 and closes within 2% of its all time high.
Coincidence? Hmmmm....
OpEx is Friday...FOMC meeting is 1-2 Aug...China is trading in Bear Market territory...gold and VIX are trading lower...next significant Bradley Date is not until August...and 25 July is only a week away.
All models are wrong...some are useful...but always in motion the future is...so, Be Careful!
upro coming up on 160 52.20 x3 equals 156 didnt sc say 160 i should have stayed long
ReplyDeleteThere is 2830, now what?
ReplyDeleteSPX just hit 2830 SC! Time for the next big pullback?
ReplyDeleteI believe they'll be a small pull back the 2775 that may be a smash up to 2900 I'm not sure if we going to load it 2775 I would have to down entirely in my opinion
ReplyDeleteSPX target of 2,830 has been reached!
ReplyDeleteIt'll probably bounce around this level lasting into month end.
Pullback due in August to 2,780 SPX.
SCJuly 9, 2018 at 6:03 AM
ReplyDelete"SPX rose sharply on the turn date. Most likely the low is in and price grinding higher again. Next level to watch 2,830."
New chart posted!
ReplyDelete