08/24/2009 大盘回顾 （Head and Shoulders Top or Bullish Falling Wedge?）

Cobra

Summary:

Key day for bears according to what happened in the past the 2nd day after a Major Accumulation Day.

Could be Head and Shoulders Top or Bullish Falling Wedge in the forming.

SPX daily stopped right at the Bearish Rising Wedge resistance line.

	Trend	Momentum	Comments - Sample for using the trend table.
Long-term	Up
Intermediate	Down	Neutral	Intermediate sell signals still need further confirmation.
Short-term	Up	Neutral
My Emotion	Up

 

7.0.A Major Accumulation Day Watch，周末的报告讨论了最近post Major Accumulation Day的情况，如果连跌2天的话（See dashed red lines），那very likely we're at a tradable top，所以熊熊的希望在明天了。

 

Chart pattern看，可能明天开盘就决定牛熊的命运了。1.0.3 S&P 500 SPDRs (SPY 30 min)，低开，则可能是Head and Shoulders Top。1.0.4 S&P 500 SPDRs (SPY 15 min)，高开，则可能是Bullish Rising Wedge。

 

目前看，可能熊熊稍微有利些，一个是After Bell Quick Summary提到的CPCE <= 0.56，因此明天可能close red，另一个是，SPY已经连续3天高开了，第4天再高开的可能性相对要小些吧。

 

0.0.3 SPX Intermediate-term Trading Signals，这个看一下，正好rejected by Bearish Rising Wedge resistance line。整个chart的negative divergence很多，看着并不bullish。

h-1

lehldk

GOOD POINT

pili

sofa?

abcabc

shafa

summer123

lehldk

I assume it topped here. unload all my long position today.
put AAPLE, AGU, bought FAZ this morning, ready to be bear for short term.
想争取点做熊的资格。

yam

bendzhao

thx

风清扬

atrader

thanks

lehldk

老大，今天怎么没有油和钱

xiaofengfeng

zhang

Thank you.

leftright

Diver

1# Cobra

开小差

thx, ding

wnd4

thanks

michaelzhang

thanks

Jennyahwu

thyx