Summary:
Could be very close to a short-term top.
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TREND |
MOMENTUM |
EMOTION |
COMMENT - Sample for using the trend table. |
Long-term |
Up |
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Disbelieve |
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Intermediate |
Up |
Neutral |
No argue |
NYSI not confirming the up trend. |
Short-term |
Up |
Neutral |
Yes! |
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SPY SETUP |
ENTRY DATE |
INSTRUCTION |
STOP LOSS |
Mechanic trading signals for reference only. Back tested since 2002. |
ST Model |
10/14 L |
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10/06 Low |
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Reversal Bar |
10/05 L |
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10/16 Low |
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VIX ENV |
10/06 L |
*Adjust stop loss |
*10/19 Low |
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NYMO Sell |
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Must be a red day next day to confirm the sell signal |
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Winning Rate: 59%, Gain/Loss Ratio: 4.9
Very risky trade but occasionally may catch the exact market top. |
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INTERMEDIATE-TERM: NO UPDATE
维持1.0.8 SPX Cycle Watch (Weekly)标示的target。要注意的是SPX离trend line以及Fib 50 target 1121不远了。
SHORT-TERM: COULD BE VERY CLOSE TO A SHORT-TERM TOP
今天高开最后收红,因此是个Reversal day,下面的图是自3月份以来的所有reversal day的情况。看起来此后consolidation or pullback的几率高些。
1.1.3 QQQQ Short-term Trading Signals,black bar的两个预言,大家应该熟悉了:1. 低开明天但不一定收红。2. 离short-term top不远了。
6.4.0 SPX and NYMO Divergence Watch,明天如果收红的话会触发sell signal,介个setup,周末的报告提过,risky,但是运气好的话,可以抓住大顶。
1.0.3 S&P 500 SPDRs (SPY 30 min),如果真的还有pullback的话,measured move应该是$1.45左右的跌幅,可能正好能把SPY的第13个空补了。最近大家应该注意到了,SPY so far不能hold第14个空,所以其实补了第13个空比较利于上涨啦。
INTERESTING CHARTS: NONE |