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SPY SETUP |
ENTRY DATE |
STOP LOSS |
INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING VEHICLE: SSO/SDS, UPRO/SPXU |
ST Model |
02/26 L |
*03/31 low |
*Adjust stop loss. |
Reversal Bar |
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NYMO Sell |
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Non-Stop |
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Newly added setup, will give signal on this setup the next time it’s triggered. |
OTHER ETFs |
TREND |
TRADE |
COMMENT – *New update. Click BLUE to see chart if link is not provided. |
QQQQ |
UP |
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4.1.1 Nasdaq 100 Index (Weekly): BPNDX too high. |
IWM |
UP |
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CHINA |
? |
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EMERGING |
UP |
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CANADA |
UP |
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4.1.5 iShares CDN S&P/TSX 60 Index Fund (XIU.TO Weekly): BPTSX is too high. |
BOND |
DOWN |
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*Black bar, could pullback. Not sure if it’s a good short here though as the up push was very strong. |
DOLLAR |
UP |
*Good buy? |
Head and Shoulders Bottom, target $24.28. *Reversal like bar (open low close high), could rebound? |
GOLD |
UP |
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GDX |
UP |
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Ascending Triangle, target $54.2. *Hammer and held the Ascending Triangle breakout point, could rebound? |
OIL |
UP |
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*Doji on MA(20), could rebound? |
ENERGY |
UP |
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FINANCIALS |
UP |
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4.4.2 Financials Select Sector SPDR (XLF Weekly): Fib confluences area from $16.76 to $16.97 could be the target. Up 9 weeks in a row tied the past record of streak up weeks. |
REITS |
UP |
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MATERIALS |
UP |
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4.4.4 Materials Select Sector SPDR (XLB Weekly): BPMATE too high. | |
*Please make sure you understand how to use the table above. The main purpose of this report is to provide information so contradictory signals are always presented.
SEASONALITY: THE LATER HALF OF THE WEEK IS GENERALL BULLISH
According to the Stock Trader’s Almanac:
- 04/15 income tax deadline, Dow down only 5 times since 1981.
- April expiration day, Dow up 11 of last 13.
CYCLE ANALYSIS: CYCLE TOP COULD BE AROUND 04/11 TO 04/15
See 04/08 Market Recap for more details.
INTERMEDIATE-TERM: EXPECT ROLLER COASTER AHEAD
Nothing new, according to the II Survey, too many people expected a correction, so the stock market should rise to a new high first before actually pulling back. Basically, my guess is that we’ll repeat the year 2004 roller coaster pattern. See 03/19 Market Recap for more details.
SHORT-TERM: A STRONG EARNINGS OFF-SEASON USUALLY MEANS A WEAKER EARNINGS SEASON
See 04/09 Market Recap, the statistics about the Earnings Season plus the cycle analysis and plus too many bearish extremes accumulated in the table above, so my guess is that we’ll see typical sell on news in the coming earnings season.
今天没啥好说的,很多bearish extremes,但是大盘照样天天涨,no idea最后是啥结局,等着瞧吧。实在觉得错过了北上的火车的,上面table里有些tip,是currency,bond,commodity related,这样也许可以避开equities可能有的pullback。
有很多同志问6.2.2a VIX Trading Signals (BB)的setup,因为今天触发了。
基本上当SPY ST Model是buy mode的时候,我是忽略所有short setup的,当然NYMO Sell除外,所以如果没人问的话,我offcially并不会提这个setup。下面是关于这个setup的简单统计,sell short the next day open, cover at close on the 5th day (why the 5th day? Because it shows the best results!), winning rate is 61%, not bad。
% Change |
Enter Date |
Exit Date |
Enter Price |
Exit Price |
-1.866252 |
11/19/2002 |
11/26/2002 |
90.02 |
91.7 |
-1.990742 |
3/27/2003 |
4/2/2003 |
86.4 |
88.12 |
-3.465456 |
4/17/2003 |
4/24/2003 |
88.3 |
91.36 |
2.765798 |
5/14/2003 |
5/20/2003 |
95.09 |
92.46 |
1.627718 |
7/29/2003 |
8/4/2003 |
100.14 |
98.51 |
-1.014239 |
9/10/2003 |
9/16/2003 |
102.54 |
103.58 |
1.321736 |
1/23/2004 |
1/29/2004 |
115 |
113.48 |
1.820889 |
4/27/2004 |
5/3/2004 |
114.23 |
112.15 |
0.772945 |
10/5/2004 |
10/11/2004 |
113.85 |
112.97 |
-1.096599 |
12/17/2004 |
12/23/2004 |
119.46 |
120.77 |
0.281827 |
12/28/2004 |
1/3/2005 |
120.64 |
120.3 |
-0.621847 |
2/4/2005 |
2/10/2005 |
119 |
119.74 |
3.099454 |
4/14/2005 |
4/20/2005 |
117.44 |
113.8 |
1.734389 |
6/20/2005 |
6/24/2005 |
121.08 |
118.98 |
-0.391169 |
7/19/2005 |
7/25/2005 |
122.71 |
123.19 |
1.373735 |
9/14/2005 |
9/20/2005 |
123.75 |
122.05 |
-1.053922 |
11/7/2005 |
11/14/2005 |
122.4 |
123.69 |
-0.26333 |
2/21/2006 |
2/27/2006 |
129.12 |
129.46 |
0.458078 |
3/16/2006 |
3/22/2006 |
130.98 |
130.38 |
-0.37709 |
8/22/2006 |
8/28/2006 |
129.94 |
130.43 |
-0.732762 |
10/17/2006 |
10/23/2006 |
136.47 |
137.47 |
1.046339 |
11/21/2006 |
11/28/2006 |
140.49 |
139.02 |
0.749963 |
9/20/2007 |
9/26/2007 |
153.34 |
152.19 |
2.791574 |
12/27/2007 |
1/3/2008 |
149.02 |
144.86 |
2.484701 |
2/28/2008 |
3/5/2008 |
137.24 |
133.83 |
3.620193 |
5/19/2008 |
5/23/2008 |
142.81 |
137.64 |
1.881687 |
4/14/2009 |
4/20/2009 |
85.03 |
83.43 |
2.814296 |
5/8/2009 |
5/14/2009 |
92.03 |
89.44 |
-1.632013 |
5/21/2009 |
5/28/2009 |
89.46 |
90.92 |
4.700018 |
7/1/2009 |
7/8/2009 |
92.34 |
88 |
0.052653 |
1/13/2010 |
1/20/2010 |
113.95 |
113.89 |
AVERAGE |
0.673954 |
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下面的统计顺便看看,为啥同样的setup最好在SPY ST Model是Sell mode下进行,因为winning rate是100%哈(顺便说,这也说明顺势的重要性啊!),当然case是少了点儿。
STOCK SCREENER: For fun only, I may not actually trade the screeners. Since SPY ST Model is in BUY mode, only LONG candidates are listed. For back test details as well as how to confirm the entry and set stop loss please read HERE. Please make sure you understand the basic risk management HERE.
Looks like it’s too late to long stocks now as the market is way too overbought. Waiting for a better chance. |