Re: Financial topics
Posted: Mon Sep 28, 2020 10:31 am
ES futures up 55. If bears are lucky, it will turn down here.Higgenbotham wrote: ↑Sat Sep 26, 2020 11:41 pmThis is a potential problem for the bearish case, as well as the fact that the market got back over 3300 so soon. The bears had a golden opportunity on Thursday and with the S&P futures nearly unchanged Thursday had another golden opportunity Friday morning, but were unable to take advantage.Higgenbotham wrote: ↑Fri Sep 25, 2020 4:16 pmThe S&P got back to 3306 this afternoon, but not in "the next few weeks". To properly be a pundit, it's necessary to give price targets, but not price targets together with time. That way the pundit can say that it got back to 3300 just as forecast.Higgenbotham wrote: ↑Fri Sep 25, 2020 12:35 pmAt some point in the next few weeks, this may be the source of a brief counter trend rally. Perhaps it will go back to 3300 on the S&P; I don't know.