I averaged in at 2627. I wanted the SPX to hit 2615 or 2600 for another long entry. But it looks like it's going to go up now. It's 11 a.m. PST Friday
Well unless we have a huge turnaround in the last hour of the trading day, seems like we will close in deep in the red once again
whelp, the spx is looking to close down -5.78% for the week, which would be the largest weekly decline since the first week of jan. in 2016 ... that week it was down -5.96% the next largest weekly decline would take us to the first week in aug. of 2011 which had the spx down -7.19% don't think we'll get there today unless we see a pretty massive flush in these final 15 min.
Volatility definitely is picking up this year after a very calm year Feel like we have 1% or more daily move for the SPX in the first 3 months this year that the entire 2017
hah, we nearly matched that jan. 2016 weekly decline. START (3/16/18 CLOSE): 2,752.01 FINISH (3/23/18 CLOSE): 2,588.26 (-5.95%) whelp, it has certainly been a week! thx for all the great contributions from everyone in here this week and i hope you all have a nice weekend ahead! ed: we made it over 100 posts for the weekly thread. nice.
Quite a collapse. But my theory says that the price shall go back up to the 2700 level at some point. And at that point, we'll have to look at the price action to identify whether the price shall hit that and collapse or continue on upward. Overall though, in the long term, the charts show that we are in an uptrend.
