INTERMEDIATE-TERM: INITIAL PULLBACK TARGET MET BUT COULD BE MORE
No update, see 02/05/2010 Market Recap, Fib 38.2% retracement target was met, but I suspect there’s more. There’s a chance that after the pullback is over, we’ll see a new high followed by a bigger pullback thereafter.
SHORT-TERM: STILL THINK THERE’S ONE MORE DOWN LEG TO TEST THE PREVIOUS LOW
还是看6.4.A SPY Bottom Shape,象不象bottom?我看不象,因此还是觉得应该会test the previous low,可能只要低于Monday low就可以了。
其他没啥说的,没结论,上下都有可能,因此牛熊都不宜重仓。今天的After Bell Quick Summary提到了daily图都不好看,是要跌的形状,下面简单的看一下吧。
0.0.5 QQQQ Short-term Trading Signals,至少可以排除是Nov那根黑棒棒的情况了,因此可能是说,a top is very close。
0.0.2 SPY Short-term Trading Signals,连冲了三次,都没法close deal,搞了2个反转意味很重的Doji,看着不好。
3.4.1 Energy Select Sector SPDR (XLE Daily),Shooting Star and Hammer,连着2个反转棒,看着也不好。
3.4.2 Financials Select Sector SPDR (XLF Daily),看着象是back test Complex Head and Shoulders Top neckline。
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