SHORT-TERM: REBOUND MAY OR MAY NOT TOMORROW BUT MORE LIKELY LOWER CLOSE AHEAD EVENTUALLY
昨天说没有跌完,因为少了Bear Flag,今天有了,最终也下破了,问题是时间不够,所以这个下破还看不出来是否是decisive,因此就不能排除the low was in or very close的可能(as the mini 2 legged down has been fulfilled),只能看明天了。
不过,明天如果真的开始大反弹的话,这个反弹多半是sell的机会,理由是strong uptrend是不应该出现连跌三天的情况的,下面的图应该很清楚了,至少lower close ahead。
INTERMEDIATE-TERM: BULLISH JULY
See 07/01 Market Outlook and 07/05 Market Outlook for more details.
SEASONALITY: BULLISH MONDAY BEARISH FRIDAY, BEARISH JULY EXPIRATION WEEK
According to Stock Trader’s Almanac:
- Monday before July expiration, Dow up 6 of last 7.
- July expiration day, Dow down 6 of last 10, off 390 points (4.6%) in 2002.
Also see 07/01 Market Outlook for July seasonality chart
ACTIVE BULLISH OUTLOOKS:
ACTIVE BEARISH OUTLOOKS:
SUMMARY OF SIGNALS FOR MY PUBLIC CHART LIST:
|
|
- * = 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.
|
|