Weekly forecast for S&P 500

[Gaffs1964]

1101 for me

 

[Pat494]

And as always congrats to Pat for Number 6.

Thanks

good luck all for next week

 

[wackypete2]

1115

Peter

 

[robster970]

1110

 

[Pat494]

For Week Ending Friday 24th September at 1148.7

Oh yes ! the winner this week is hwsteele.
Well done

WINNERS
Pat .............6
hwsteele .......5
wackypete .....4
Gaffs ...........4
N. Rothschild ..2
dpinpon ........1
Elitejets ........1
luckyd 1976 ....1

 

[Pat494]

The Standard & Poor's 500 index is up 9.5 percent since the end of August. Its move above the 1,130 level on Monday represented a technical breakout that analysts said suggested further gains were likely.

If the rally holds, it would make September the best month for the S&P 500 since at least March 2000, and the best September for stocks since 1939, according to Reuters' data.

Yep strong surge here, so definately up, but slowing a bit ?

1171

 

[robster970]

COT shows commercials net short on S&P. 2 attempts at 1150 this week, couple of attempts around 1123 - trading in a range. Climbing on vapours with low equity volumes and I reckon the balloon will pop this week.

1116

 

[Gaffs1964]

1100 - perhaps...maybe

 

[TRADEFUTURES]

1200

 

[hwsteele]

For Week Ending Friday 24th September at 1148.7

Oh yes ! the winner this week is hwsteele.
Well done

WINNERS
Pat .............6
hwsteele .......5
wackypete .....4
Gaffs ...........4
N. Rothschild ..2
dpinpon ........1
Elitejets ........1
luckyd 1976 ....1

Well thank you I guess this puts me in second place alone now.

As far as next Friday goes I will say mostly sideways with a slight hint of down and close at 1142.01.

 

[hwsteele]

Not that any one needs post anything that explains what they think but this quick hand drawn chart shows a wave count that I am watching. It lines up with some time cycles that I have been watching also. Thing is it might not be done going up yet SO...:whistling

 

[N Rothschild]

we are going sub 1000 by end of October. With a spike to 1160 possibly. things about to get wild.

 

[robster970]

we are going sub 1000 by end of October. With a spike to 1160 possibly. things about to get wild.

It got quite heavily propped up around 1040 - you reckon that will go?

 

[N Rothschild]

like a blow torch through butter.

 

[scose-no-doubt]

like a blow torch through butter.

Why you on here this late? I thought you left?!

Also why you think things are gonna get wild?

 

[joeph]

Hi Guys,


My weekly forecast for the last week of Sept is still Bullish, but weakening.

 

[Pat494]

Hi Guys,


My weekly forecast for the last week of Sept is still Bullish, but weakening.

And what's the number then ?

 

[N Rothschild]

Why you on here this late? I thought you left?!

Also why you think things are gonna get wild?

now that would be telling

 

[scose-no-doubt]

now that would be telling

Yes. That's what normally happens when normal people answer a question

 

[robster970]

now that would be telling

I thought you were off travelling - you deferred until it gets unexciting again?