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S&P 500
5,346.56
(
-1.84%
)
US TECH 100
17,160.80
(
-4.40%
)
Dow Jones
39,737.26
(
-1.51%
)
Brent Oil
75.27
(
-2.41%
)
Bitcoin
52,110.01
(
-9.92%
)
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munyon

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munyon

Re: Estimated_Prophet post# 12683

Wednesday, 06/01/2005 3:18:38 PM

Wednesday, June 01, 2005 3:18:38 PM

Post# of 33450
I agree with buying the dips (selectively). I am concerned about the negative divergences (RSI, MACD) that are showing on the SPX weekly chart. We need to wash out the market to go much higher from here, I believe.

If we end up finishing weak today and/or no follow-thru tomorrow, I wouldn't get wildly bullish right here.

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