I do not see any signs of weakness yet and the FED is still on the buy side, so dip buying still preferred strategy here.

well done man

PMI 49.4...... NMI 51.4....... bearish numbers, lets see if we break the highs or start turning......

Seems like we are getting that break out to the downside anyway, lets see what next week brings. US elections are coming closer - uncertainty - markets do not like that.......will finally bring more volatility !

Good luck but I do not see that happening just yet, we need more of a catalyst to get a break out of either direction.

I see no reason to short this market yet.

slowly grinding higher......pretty boring PA............

@suheosua.....wouldn't it be easier to be long in a uptrend and buy the dips ? Then again......longs and shorts are needed or there wouldn't be a market

If you keep saying that long enough it will eventually happen...........bears are never wrong.......just early

surely bullish biased, US data is good so far PMI NMI......, earnings are better then expected for most Cie's,.........yet as many I thought a larger pull back would be in the cards but it doesn't seem to happen.......GUess we can thank Yellen for ...

That's about a 5% drop from current levels.........could be possible......lets see what happens after the FED meeting !

hehehe, good one.....well I'm seeing a pull back, how far..........2138..........2125 ??

and again......what is your reason ? Or is just ......hoping for ???

bold move......wonder what your strategy/analysis is behind this ?

Got the same idea, fundamentals......PMI - bullish.............NMI - bullish........ consumer sent- bullish......earnings are probably coming out better then expected. So there is no reason the SPX500 should drop except for maybe a minor pull back ...

U can use the COT report for currencies

no, that's not how it works. PMI for example is a good tool to see where the SPX500 will go longer term. Do some research on PMI data.

not before my TP at 1.1464 ......

what's ur TF if I may ask.

I'm using them, works great but for most data we have to wait a month to see if all works well, then can give feedback. But so far so good.