S&P 500 cash weekly competition for 2013

1466 for me please

Hi ibetyou,

This is a tough one to plug into the system as it is neither up or down???

Close of week was 1466.47 to be precise - so if you like I can plug it into system as a down direction call.

Re-forecast is likely to be the easiest way out of this conundrum.


Any direction welcome from members on approach to take? :rolleyes: :rolleyes: :rolleyes:
 
Sorry Atilla, Re-forecasting, I will be brave and go with 1477 for next week please.

PS Thanks for doing a great job.
 
LONDON (ShareCast) - Security: Support/Resistance

Euro/Dollar: 1.2870/1.3126.

Ibex 35 (Madrid: IBEX.MC - news) : 7,670/8,028.

Ftse 100 (FTSE Index: EO100.FGI - news) : 5,830/6,000.

S&P 500 (SNP: ^GSPC - news) : 1,398/1,435.

Nikkei (Osaka: ^N225 - news) : 9,500/9,820.

Hang Seng Index: 21,098/22,808.

Dow Jones (DJI: ^DJI - news) : 12,765/13,300.

Nasdaq 100 (Nasdaq: ^NDX - news) : 2,613/2,699.

Cac (Frankfurt: 924169 - news) 40 Fut.: 3,588/3,800

Dax (Xetra: ^GDAXI - news) 30 Fut.: 6,948/7,624.

Euro Stoxx 50 Fut.: 2,607/2,770.
 
I will be looking for dips down to 1436-46 area and then a bounce to get long with my aim being 1487 and 1501.

Next Fridays closing price prediction 1487​

I agree. There will be a shakeout some time in the week and then a resumption if it holds. Price went up very quickly so money will want to shake the weak hands out soon.
 
Nothing wrong with most of the big companies. Just the politicians are spending everything they can get their hands on.
 
I'll take the high end again with 1490. Methinks if there's a sell-off, it's going to be minor.

*Cue the sell-off beating out Black Monday out of principle*
 
I'll take the high end again with 1490. Methinks if there's a sell-off, it's going to be minor.

*Cue the sell-off beating out Black Monday out of principle*

:LOL: Well done last week VG - but methinks you'll be eating humble pie this week. Well, I hope so anyway! The sell-off may not beat Black Monday but, unlike you, I'm backing a sell off none the less.

1427 for me please Atilla.
Tim.
 
Good luck chaps (y)
 

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