$BPINDU golden cross now followed $BPCOMPQ.
$BPSPX not confirmed.
$SPX 932 is a significant barrier which blocked today's rally.
Expect a post-911 style path,
(by Watchman laoda)
The white strip plays a role similar to the blue line in Cobra's 0.0.3.
Right now could be either at late December 2001 or at early February 2002.
Pig rules.
1.0.9 $BPCOMPQ golden cross, but not confirmed by $BPSPX and $BPINDU, likely just a whipsaw.
$SPX 932 should be a significant barrier.
Otherwise, target 965 as predicted a month ago. This will be bull's final climax run similar to last Xmas.
2.0.1 two forces are meeting now.
2.4.2 nearly overbought.
7.0.4 may show a firework setup, but http://www.cboe.com/data/PutCallRatio.aspx holds today's final CPCE data, which could be 0.80 after counting the last 15 minutes options. Even if it stays as 0.79, it may not work as it failed recently on 6/11. This TA indicator starts to lose its magic as market changes.
bayliner1979 发表于 2009-6-29 17:01
Thanks for the update. Based on what you said above, the short-term direction is not clear, either up or down. But the mid-term direction is down. Right?