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SPY SETUP |
ENTRY DATE |
STOP LOSS |
INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING PLATFORM: SSO/SDS, UPRO/SPXU |
Non-Stop |
09/07 L |
N/A |
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ST Model |
02/01 L |
Breakeven |
*Stopped out of long position flat. |
Short-term |
N/A |
N/A |
Trend is UP. I hold no position overnight. | |
My Thoughts |
Clueless as ALWAYS. | |
SHORT-TERM: COULD SEE NEW HIGH TOMORROW, BUT BEWARE OF THE GENERAL NFP DAY PATTERN
今天还是没有什么好说的,所以After Bell Quick Summary就免了吧。周二的strong up到今天还没有follow through,因此不能排除今天half day rebound是test the previous high的可能性,所以短期方向不明,熊熊还没有彻底绝望。
关于明天Non Farm Payroll,三点说法:
可能明天高开,至少会有higher high,因为INDU今天有new high了,SPX多半会follow。(Yes, I’ve noticed that SPX still owns INDU a lower low, that is remained to be seen.)
Non Farm Payroll day generally bullish。
Non Farm Payroll day intraday pattern往往是高开低走或者低开高走。下面的screenshot来自Bespoke。
INTERMEDIATE-TERM: IN WAIT AND SEE MODE
Intermediate-term still in wait and see mode, temporarily bearish biased, see 01/28 Market Recap for more details.
SEASONALITY: BULLISH TUESDAY
According to Stock Trader’s Almanac, first day trading in February, Dow and S&P up 7 of last 8, NASDAQ up 6 years in a row.
HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST
- Please make sure you understand how to use the table above. The purpose of this report is to provide info so contradictory signals are always presented.
- Conclusions can be confirmed endlessly, but trading wise, you have to take actions at certain risk level as soon as you feel the confirmation is enough. There’s no way for me to adapt to different risk levels therefore no trading signals will be given in this report except the mechanical signals such as SPY ST Model.
- * = New update; Blue Text = Link to a chart in my public chart list.
- Trading signals in OTHER ETFs table are mechanical signals. See HERE for back test results. 08/31 L, for example, means Long on 08/31.
- UP = Intermediate-term uptrend. Set when I see at least one higher high and higher low on daily chart.
- DOWN = Intermediate-term downtrend. Set when I see at least one lower high and lower low on daily chart.
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