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/biz/ - Business & Finance

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57544719 No.57544719 [Reply] [Original]

Why is 5,000 on the S&P 500 being denied so hard?

>> No.57544731
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57544731

>> No.57544911

it just happened again

>> No.57544952

>>57544719
cause its gonna crash to 500, then it will really be sp500, everyone standard and poor

>> No.57544999
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57544999

something fishy going on

>> No.57545015

>>57544719
YEAR RANGE
3,808.86 - 4,999.89

0.11 away from 5k. Lol, lmao even.

>> No.57545030

>>57544719

Because it's a ponzi scheme.

>> No.57545052

>>57545015
exactly

>> No.57545184

>>57544999
It's probably just people taking profit, exercising calls etc.

>> No.57545199
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57545199

>>57544719
literally any minute now anon just wait.

>> No.57545206
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57545206

>>57544719
Chinese market really do be hitting fr on god

>> No.57545210

>>57544719
>huge psychological level
>why are people taking profits? something fishy going on

>> No.57545220

>>57544719
Because it's just cooling off before its next leg up. Should hit 6800 next year.

>> No.57545671

The market is obviously manipulated by computer algorithms doing indiscriminate selling of everything. Yet the powers that be still does nothing to ban these firms and computers doing this manipulative activity. Absolutely ridiculous.

>> No.57545706

>>57544719
Because it needs to get rejected so it can test lower levels and then get squeezed upwards. New levels are very dangerous because it can get rejected REALLY fucking hard.

But if you care about S&P 500 you are waiting for the big down so you can buy low and stockman before we make our trip past 5000.

>> No.57546042

happened again

9th time today

>> No.57546047

>>57544719
bots and algorithms ran out of fuel.
index pinning is still possible but pushing higher seems to have become more difficult for these systems.

>> No.57546474

>>57545220
You not concerned about the Red Sea attacks, Ukraine war, Gaza war, inflation in the west and deflation in China?
It always seems like it’s the wrong time to buy in, but somehow it keeps going up.

>> No.57546622
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57546622

>>57544719
jews?

>> No.57546659
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57546659

>>57546622
crypto is a huge scam i can't believe you are falling for it it's basically impossible to make money in crypto nowadays all the whales are using algorithms to screw you over and it never ends it's a giant casino where the house always wins you are better off buying a few lottery tickets and calling it a day but if you aren't a pussy you can trade futures in sp500 with huge leverage and really make money but only if you use your big dick energy