09/14/2009 大盘回顾 （Trading Setup for IWM up 6 days in a row）

Cobra

Summary:

SPX closed above 1044 resistance but INDU lags.

Expect a at least a short-term pullback.

	Trend	Momentum	Comments - Sample for using the trend table.
Long-term	Up
Intermediate	Up	Neutral
Short-term	Up	Neutral
My Emotion	Wait		Could repeat what happened after 8/17, so be careful bears.

 

INTERMEDIATE-TERM NO UPDATE

 

1.0.0 S&P 500 Large Cap Index (Weekly)，closed above 1044，这样到1200ish都没有啥像样的阻力了。不过0.0.3 SPX Intermediate-term Trading Signals的negative divergence很多，因此牛牛还是要小心。

 

1.2.0 INDU Leads Market，今天INDU还是没有confirm SPX new high。

 

SHORT-TERM EXPECT A PULLBACK 

 

1.0.3 S&P 500 SPDRs (SPY 30 min)，negative divergence很多，加上After Bell Quick Summary的一些理由，因此short-term应该会有pullback。

 

1.3.0 Russell 2000 iShares (IWM Daily)，up 7 days in a row，如果up 6 days in a row then short on the 7th day's open，有一点点利润就收，从下面的back test可以看到IWM至少短期pullback的可能非常大。顺便说，QQQQ也是up 7 days in a row了，不过，short的话，从back test的情况看是要吃大亏的，所以up n days in a row并不是short的理由。

 

下面的图是最近2年的visual back test，可以很清楚地看到，surprisingly，IWM up 6 days in a row往往是大盘的顶部。

 

rooky

imegy

1# Cobra

xiaofengfeng

zhyangi

Thanks.

stockgirl

:lol  First page!

oldfox

Thanks.

sweetpotato

Thanks!

happyface

thanks so much.

outer

lwjnbtx

Thanks!

acoust

First page, thanks!

maimait

click.

yaobooyao

蛇老，最后那张图是X光底片？

PacificLegend

thanks

wnd4

thanks

leftright

Diffusion

rook

1# Cobra
thanks Cobra