SHORT-TERM: IN WAIT AND SEE MODE
今天的感觉不是很好,Hollow Red Bar (Close > Open but Close < Last Close)紧接着一个Filled Black Bar (Close < Open but Close > Last Close),两个都是反转意味很强的棒棒,因此不能排除top was in的可能性。当然,要看明天是否follow-through,现在算是个橙色警报吧。
下面的图是相对比较bullish的bearish view,因为感觉上似乎还少了one last push up。当然,如果明天decisively break above今天的high的话,那么这个view就不成立了,所以也是看明天吧。
INTERMEDIATE-TERM: CONCEPT ONLY, THE WORSE CASE SPX DOWNSIDE TARGET IS 1,000
See 08/05 Market Outlook for more details.
SEASONALITY: BULLISH MONDAY AND FRIDAY
According to Stock Trader’s Almanac:
- Monday before August expiration, Dow up 11 of last 15.
- August expiration day bullish lately, Dow up 7 in a row 2003 – 2009.
ACTIVE BULLISH OUTLOOKS:
ACTIVE BEARISH OUTLOOKS:
SUMMARY OF SIGNALS FOR MY PUBLIC CHART LIST:
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- * = New update; Blue Text = Link to a chart in my public chart list.
- UP = Intermediate-term uptrend. Set when weekly buy signal is triggered.
- DOWN = Intermediate-term downtrend. Set when weekly sell signal is triggered.
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