View Poll Results: I trade the S&P m

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22. This poll is closed
  • Yes

    18 81.82%
  • No

    4 18.18%
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  1. #1
    Legendry Member Michael Hodges's Avatar

    Hot SPX (s&P 500) Live Trading Arena !!!

    S&P500 Live Trading Arena

    Come one, come all to the new SPX trading arena. This thread is dedicated to trading the S&P 500 and speculating the broad U.S. market!!

    Notice! Latest Trades --> Last Thread

    To participate in this thread do the following:

    A. "Replay to Thread" - leave text comment
    B. "Replay with Trade" - answer with a CT2.0 Trade

    Smart Trading!
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  2. #2
    Legendry Member Michael Hodges's Avatar

    SPX will move higher once debt ceiling is resolved, again !!!

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    <div id="chart_message">The SPX will move higher to retest the all time highs once the debt ceiling comes to a conclusion, again, until it pops up again next go round, for now I am bullish on the SPX&nbsp;</div>
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  3. #3
    Legendry Member Michael Hodges's Avatar

    SPX made a new high !!!

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    <div id="chart_message">The SPX is looking incredibly bullish at this time. It is extended and potentially vulnerable but there are no indications of bearish behavior at this time.&nbsp;</div>
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  4. #4
    Legendry Member Michael Hodges's Avatar

    Rally On? !!!

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    <div id="chart_message">I am still bullish &nbsp;long term on the S&amp;P 500. There are some signs of worry but no indication of reversal at this time. the index could be setting up for an extended rally post Fed. The dow trannies are making new highs and looking incredibly bullish, often an indication of higher index prices across the board.&nbsp;</div>
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  5. #5
    Legendry Member milos's Avatar

    SP500 CALL OPTION !!!

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    <div id="chart_message">SP500 CALL OPTIONS</div>
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  6. #6
    Legendry Member milos's Avatar
    S&P 500 index to surpass its previous record high price. Better than expected quarterly earnings results of companies in the United States fostered optimism among investors.

    The expectations that the Fed will continue with permissive monetary policy by the end of this year and probably during the beginning of the next positive impact on the futures prices of the US actions.

  7. #7
    Veteran Member uj.forex's Avatar
    magnificent bullish rally for the SP 500 index so far for the past 2 weeks... however 1762 is its another support level, and provided that the market breaks and sustains below this level, it may resut in falling down to 1751 1738 region... no sign of tapering so far... so bulls are still in control...

  8. #8
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by uj.forex View Post
    magnificent bullish rally for the SP 500 index so far for the past 2 weeks... however 1762 is its another support level, and provided that the market breaks and sustains below this level, it may resut in falling down to 1751 1738 region... no sign of tapering so far... so bulls are still in control...
    The FOMC holds the market in it's hands. NO taper and/or indications of tapering next year will add liquidity and drive the markets higher...in the longer term for sure. Nearer therm there is risk of correction but the indications are for higher prices. . . can't wait for 2PM!

  9. #9
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by milos View Post
    S&P 500 index to surpass its previous record high price. Better than expected quarterly earnings results of companies in the United States fostered optimism among investors.

    The expectations that the Fed will continue with permissive monetary policy by the end of this year and probably during the beginning of the next positive impact on the futures prices of the US actions.
    Translated; Earnings are still OK and FOMC driven liquidity should keep inflating stock prices. ;-) Thanks Milos!

  10. #10
    Solid Member Murphy13's Avatar

    S&P500; Call based on Ranging Conditions !!!

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    <div id="chart_message">I am placing S&amp;P500 call based on the oversold conditions visible from range trading indicators like RSI and MACD.</div>
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