I do not see any signs of weakness yet and the FED is still on the buy side, so dip buying still preferred strategy here.

S&P500 trading

well done man

S&P500 trading

PMI 49.4...... NMI 51.4....... bearish numbers, lets see if we break the highs or start turning......

S&P500 trading

Seems like we are getting that break out to the downside anyway, lets see what next week brings. US elections are coming closer - uncertainty - markets do not like that.......will finally bring more volatility !

S&P500 trading

Good luck but I do not see that happening just yet, we need more of a catalyst to get a break out of either direction.

S&P500 trading

I see no reason to short this market yet.

S&P500 trading

slowly grinding higher......pretty boring PA............

S&P500 trading

@suheosua.....wouldn't it be easier to be long in a uptrend and buy the dips ? Then again......longs and shorts are needed or there wouldn't be a market

S&P500 trading

If you keep saying that long enough it will eventually happen...........bears are never wrong.......just early

S&P500 trading

surely bullish biased, US data is good so far PMI NMI......, earnings are better then expected for most Cie's,.........yet as many I thought a larger pull back would be in the cards but it doesn't seem to happen.......GUess we can thank Yellen for ...

S&P500 trading

That's about a 5% drop from current levels.........could be possible......lets see what happens after the FED meeting !

S&P500 trading

hehehe, good one.....well I'm seeing a pull back, how far..........2138..........2125 ??

S&P500 trading

and again......what is your reason ? Or is just ......hoping for ???

S&P500 trading

bold move......wonder what your strategy/analysis is behind this ?

S&P500 trading

Got the same idea, fundamentals......PMI - bullish.............NMI - bullish........ consumer sent- bullish......earnings are probably coming out better then expected. So there is no reason the SPX500 should drop except for maybe a minor pull back ...

S&P500 trading

U can use the COT report for currencies

Free Economic Indicators: COT, US data and more to come!

no, that's not how it works. PMI for example is a good tool to see where the SPX500 will go longer term. Do some research on PMI data.

Free Economic Indicators: COT, US data and more to come!

not before my TP at 1.1464 ......

The Swamp

what's ur TF if I may ask.

S&P500 trading

I'm using them, works great but for most data we have to wait a month to see if all works well, then can give feedback. But so far so good.

Free Economic Indicators: COT, US data and more to come!