Who here has bought the spy over 208? or the /es futures over 2080?

I'm still in shock at how easy they are making it to make money in the market. "durrr, buy da dip."

Out of this market and waiting for the rug to get pulled. Everyone going the same way can get painful when it goes the other way.

Congrats to all making money here and merry christmas and happy holidays to all.

why go long near the top? shouldnt you have gone long on the last dip?

well i believe the sp was up 6% or something last week. wouldn't be surprised to see anything this week.

There is no way oil is done bottoming yet. The fundamentals are still out there for why oil started to go down. The production is rising and no one is cutting their production. This is definitely a dead cat bounce or slight correction to how fast it has been falling. Of course I could be very wrong and maybe this is the bottom, but in my eyes we see a bottom below 50... whether that's 45 or 48... I'm not sure.

Can the spy 5 minute get to 100 rsi?

now at 93.

110 pts up in 48 hours.

1 hour rsi now at 83. Highest it's been on my chart that I can see. 2 hour approaching 82. What is rsi even for? 5 minute rsi as of typing this at 92.

Good fkn grief. Whoever is pumping this garbage doesn't even care anymore.

/es up 106+ pts in less than 48 hours and climbing. weeeee.

Why does your chart show 213 at the top? I think i see that afterhours on the spy as well. rigged typos coming through.

spx up 90+ points in two days, dow up 700+ points in two days. RSI at 80+ on both 2 hour and 1 hour for the spx. Market cares? fk no.

EDIT: now spx up 100 pts, dow up 800+ pts. RSI screaming.

I'd be surprised to see a double top. Looking at a 20 year monthly chart this thing is about to cross over to the southside on the MACD. That spells nothing good.

I see we touched .0012 again today.

Thats the trendline im using to buy oil in the next month or two or three.

Can you better explain how a 7% up or down move on the index is only netting you $6000 in a month?

That's $72,000 a year. Or maybe better explain the math behind how you made "5.4 million" in the past few years on the indices using this math strategy.

You have me very interested as I too love math and would love to hear the strategy.

Thanks ahead of time for your response.

are we getting a market rally to end the day or a dead cat bounce?

Where is the short term and long term bottom of crude?

I hope everyone enjoyed the short lived hoorah and "correction". LOL

The spy is headed back north for new highs. RSI of 60! weeeeeeeeeee.

the one time i buy... there is no more support and the turd falls like a rock. i knew this would happen lol....

why is it going down now? what news came out?

I just bought the spy, hence the reason for the major drop

Any guess on the top? Or just articles and Hindenburg omens? Lol

ARE YOU NOT ENTERTAINED?! lolz. they have proven they are in control of the markets no matter what the news. The reality of the situation is they are the ones that dropped the market and they are the ones that have propelled the market up for the last 7 weeks(6 years). This market could go to spx 3000-5000 if it wants to. It's all whether or not they want it to.

THE ONLY REASON I think the market comes back down eventually is because they don't want the entire investorbase/401k'ers to be rich. They will eventually go short and pull the rug, making twice as much money on the way down and wiping the common working folk out.

That is the only reason this pumpjob won't go on forever. I know some big bad bulls disagree with me, but it will happen... it's cyclical. And for the first person to ask me who they is... The ones in control of the market. Because it's not me or you, it's da big money.

The pump was on going into the close. VROOM VROOM.

What are you shorting and where?

I was thinking the same thing when I saw those numbers.. then I thought to myself, do they count seasonal employment or part time employment in those numbers?

If they did count seasonal/part time, then you would imagine it would be in the estimate already.

I doubt it. Still setting higher highs and higher lows. I'll short it again around 208.2-208.5 and cover a few points down again.

This looks like the opposite of the 3:30 ramp job lol.

Where would you focus on adding to your short position?

Damn... it's falling and I didn't short it yet lol. Was thinking the ECB speech would make the markets go up but Draghi wasn't keen on QE so soon. The market got inflated for no reason and now down it goes for a bit.

I am curious why 2088-2089 is your target number on the esz4.

I've got a few trendlines drawn and one with a top around 2065 (already exceeded) and another with a top around the 2079 area. Now I think it can run to 2090+ if it's heading back up to the 75+ rsi area.

Don't see many people talking about the esz4 futures. Would love to hear your reasoning on why you think 2089 is possible and why it's such a big number to you and ackerman.

Also can you link to his site or article discussing 2088.25?

ECB meeting tomorrow, let's see this blowoff top and a descent

Although looking at the ES futures, the two largest 5 minute candles came at the end of the day in the last 10 minutes and both were red.

This could be a further sign of the market taking a short position here as it approaches new highs again. Time will tell, see you folks tomorrow.

All time highs hitting on the dow and the spy during trading hours. ES futures 2 ticks away from all time highs.

EDIT: ES at all time high right now in futures.

2nd EDIT: ES hitting new all time highs in futures.

Draghi ECB meeting/speech tomorrow. Wonder the impact on the markets? More all time highs coming?

Any thoughts on how high the spy goes?

Looking for the Draghi and ECB meeting/talk tomorrow to push the markets higher, then I will short the es/spy/spx. Dollar should rise even more tomorrow as well as the euro continues to hit new lows.

EDIT: Dow hitting new highs today while the s and p, nasdaq and russell struggle to hold gains.

Of course the dip will get bought, just where at?

Other than a need for a correction, not sure.

You've been hot lately man. Props to you. Keep shorting it until SPY 200 lol.

Oil at multiyear lows and the spy at all time highs. I don't think the market gives a damn what oil is doing. I know how stupid that sounds, but it obviously hasn't been effected.

SPY 3 Month Daily

Where do we buy the next dip?

What can make this market go down at this point if it doesn't follow TA and charts or news? I feel as though with the monthly options expiration last week... we can change direction or move somewhere, whether it's further up or down.