*Please make sure you understand how to use the table above. The main purpose of this report is to provide information so contradictory signals are always presented. *DTFMS = Dual Time Frame Momentum Strategy. The signal is given when both weekly and daily STO have the same buy/sell signals. Use it as a filter, don’t trade directly.
SEASONALITY: A LITTLE BIT BULLISH ON JUNE TRIPLE WITCHING WEEK
See 06/11 Market Recap for more details.
INTERMEDIATE-TERM: INITIAL REBOUND TARGET AROUND 1150 AND TIME TARGET AROUND 06/24
See 06/14 Market Recap for more details.
SHORT-TERM: A LITTLE BIT NERVOUS FOR THE 2ND REVERSAL LIKE BAR IN 3 DAYS
今天的After Bell Quick Summary里提到了,由于SPY ST Model已经是buy mode了,所以for me(pay attention to FOR ME, as I said treat the model as a joke), officially the intermediate-term is up, the game is to buy dips. 不过,我也提了,对明天感觉不好,可能是我过于nervous了,下面是理由。
0.2.0 Volatility Index (Daily),今天的实心黑棒棒(Open > Close but Close > Yesterday’s Close)是个有反转意味的棒棒,加上周一的同样有反转意义的空心红棒棒(Open < Close but Close < Yesterday’s Close),不知道是否意味着VIX要反弹,这对SPX是个坏消息。
0.2.1 10Y T-Bill Yield,同样也是3天内有2个反转棒,是否意味着SPX要pullback。
0.1.0 SPY Short-term Trading Signals,SPY今天的空心红棒棒看上去也感觉不好,plus still quite a few overbought signals。
以上,只是说感觉不好,不清楚是否有大的回调,因为根据以往的经验,从底部开始的反弹往往会很猛烈,overbought信号会完全失效,我不知道是否现在我们正处于这种从底部强烈反弹的阶段。基本上,明天如果有pullback的话,只要下面图的Double Bottom neckline at 111.06能hold,就还是Double Bottom,therefore still is bullish。Well, we’ll see。
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