1999.99. Nice number.

Approaching 2000 psychology level. Last Friday close 1999.99. Nice number.

S&P 500 forming similar pattern during last August correction.
Double bottom pattern,

Correction is a time to buy. These are EASY MONEY to make.

Miss it & you will regret it.

People see RED, they feel scared. When I see RED, I see ANG POWs dropping from the sky.

http://mmltrader.blogspot.sg/2016/01/people-see-red-they-feel-scared-when-i.html

I put my money where my mouth is. 11% in 2 months !!

http://mmltrader.blogspot.sg/2015/10/i-put-my-money-where-my-mouth-is-11-in.html

Buy Buy Buy or Bye Bye Bye?

Question:

What is the most important subject to learn in school?

Answer:

To learn how to use ruler and pen to draw straight lines.

S&P 500 broke 1900 support (red line) shortly after my previous post. 

one more critical support level is around 1750 (blue line). 

However, buying pressure seen on last Wednesday. Rebound strongly on Friday, up 2%. 

Market reversal? Buy Buy Buy or Bye Bye Bye?

A lot of gurus are calling for a recession, stock market crashes, bear market etc....

Do you believe them?