View Poll Results: Will The S&P 500 Rally On Monday or Will It Tank?

Voters
3. This poll is closed
  • It will Rally

    2 66.67%
  • It will Tank

    1 33.33%
Results 1 to 10 of 10
  1. #1
    Legendry Member Michael Hodges's Avatar

    Will The S&P 500 Rally On Monday or Will It Tank? !!!

    Friday action looked pretty bullish with a break to new all time highs. will the market follow through on Monday or will it tank?

  2. Thanks khyangg thanked this post
  3. #2
    Moderator Kolyo's Avatar
    You know Michael that I have an inside selectivity for bearishness, maybe because I am too cautious maybe other reason, this is not the best way to trade in situations like now but sometimes it helps. Anyway I won’t trade on SP500 on Monday/Tuesday (Monday seems a holiday for US) and wait to see the market reaction and than to follow
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  4. #3
    Specialist Member runneroption's Avatar
    I think it will go up next week

  5. #4
    Legendry Member Michael Hodges's Avatar
    futures are up so far... lets see how the market opens.

  6. #5
    Legendry Member milos's Avatar
    The immediate trend remains up and the momentum is strong with targets 2100 and 2111 in extension.

    Click image for larger version. 

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  7. #6
    Legendry Member Michael Hodges's Avatar
    I don't know that I would call it a rally but the index is in positive territory and a new all time high...

  8. #7
    Legendry Member milos's Avatar
    S&P500 supported by rising trend line.Hourly chart double peak was tested twice at 2096. Today was a gap and little correction.Daily charts it will be tested 2100.Daily chart shows triple bottom at 1975 and triple peak at 2096.I am expected a new high.

  9. #8
    Moderator Kolyo's Avatar
    Market is positive this session once again but losing gradually momentum. It looks stuck in a tight range with most volume in 2080-2090 area.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  10. #9
    Legendry Member Michael Hodges's Avatar
    Yeah, well, we didn't rally, but we didn't sell off either. as I sit here the SPX heat map is split 50/50 exactly......

  11. #10
    Legendry Member milos's Avatar
    I think S&P500 is sleeping now. Low volatility. Weekly trading range is 18 points.

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