Summary:
The primary wave 3 down may have started according Elliott Wave International.
CPCE held above trend line for 3 days, could be a confirmation of an intermediate-term top.
SPX pullback target could be around 875 on the intermediate-term.
Short-term buy on reversal bar model will be triggered if SPX could close in green next Monday.
VIX daily black bar argues for a short-term rebound but the breakout of the weekly Bullish Falling Wedge is "bear" friendly.
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TREND |
MOMENTUM |
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COMMENT - Sample for using the trend table. |
Long-term |
Up |
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Intermediate |
Down |
Neutral |
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Short-term |
Down |
Neutral |
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SETUP |
DATE |
INSTRUCTION |
STOP LOSS |
Mechanic trading signals for reference only. Back tested since 2002. |
Index ST Model I |
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Stopped out long with gain on 10/01. No position held now. |
Index ST Model II |
09/29 |
Sell next open |
09/29 High |
Short position initiated on 09/30. |
VIX ENV |
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Watch |
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Long signal could be triggered soon. |
Reversal Bar |
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*Watch |
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*Long if green Monday (Risky) |
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INTERMEDIATE-TERM: CPCE TOP SIGNAL MAYBE CONFIRMED
1.0.8 SPX Cycle Watch (Weekly),根据Elliott Wave International的说法,可能惨烈的primary wave 3 down已经开始了。他们的理由如下:
1. Four of Three一般是反转的地方。图上看,SPX是过了点,但是INDU正好在介个位置,大家应该还记得俺的1.2.0 INDU Leads Market吧?
2. Primary wave 2的反弹,从时间上讲,正好是Primary wave 1 down的0.382。
以上仅供参考,俺看不了那么远,不过2.8.0 SPX:CPCE已经在trend line上3天了,介是最近没有过的,因此可能算是confirm intermediate-term top了。
0.0.3 SPX Intermediate-term Trading Signals,如果真是intermediate-term top的话,那text book target of a broken Bearish Rising Wedge,就是蓝色虚线那里。俺猜,875最有可能。
0.0.0 Signal Watch and Daily Highlights,信号的总体情况,有空看一下。Short-term有点oversold,Intermediate-term全是sell了,breadth则还是超买。
SHORT-TERM: BUY ON REVERSAL BAR MODEL WILL BE TRIGGERED IF SPX COULD CLOSE IN GREEN NEXT MONDAY
0.0.2 SPY Short-term Trading Signals,红棒棒plus oversold(尤其是最下面的NYMO,可靠性很高)plus Index ST Model I依然没有short signal,所以如果周一能够收绿的话,那介是个long setup,target $104。
介个是上面提到的setup的back test,wining rate有71%,还不错。不过,在趋势改变的过渡期,风险很大的说。
2.0.0 Volatility Index (Daily),黑棒棒也支持至少短期反弹的说法。不过,2.0.1 Volatility Index (Weekly),比较熊,breakout Bullish Falling Wedge,可能会去37。
INTERESTING CHARTS:
3.4.1 United States Oil Fund, LP (USO Daily),连着2个reversal bar (黑棒棒加空心红棒棒)外加可能是back test broken trend line,所以油可能会跌。Intermediate-term,俺看跌油。
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