Summary:
The rebound was week, 3 up days in a row couldn't recover the previous 1 day loss, therefore it could be a sellable bounce.
INTERMEDIATE-TERM: COULD BE A SELLABLE BOUNCE
没新鲜的。熊熊的希望是6.3.2b Major Distribution Day Watch,可能有第3个Major Distribution Day。牛牛的希望是1.1.4 Nasdaq 100 Index Intermediate-term Trading Signals,有很多bottom信号。
这两天的报告大家都看到了,牛牛有足够多的理由rally sharply,不过so far the bounce was weak。7.1.0 Use n vs n Rule to Identify a Trend Change,up 3 days in a row couldn't recover the previous 1 day loss,因此看起来介是个sellable bounce。
Indices pair顺便看一下,leading indices still lag。TRAN昨天的大反弹是因为有Warren Buffett的好消息,不过今天并没有follow-through,所以还不能说bullish。
Fed. Liquidity and Foreign Liquidity Inflows from www.stocktiming.com,Fed注入的liquidity(March Rally的主要动力)减少到了关键的位置,如果跌破July的低点,那将又是一个证据证明,this time is different。俺会持续向大家报告。
SHORT-TERM: NO UPDATE
INTERESTING CHARTS: NONE |