ES 牛熊战报 1/29/2016

HappyMoney

牛军今日甩开连续 5 天的小范围撕杀, 终于向北挺进. 一路熊军毫无阻拦. 牛军顺利推至 1933 收盘. 1933 乃是熊军的一个阻击位, 看看周一熊军会不会有一点反击. 如果牛军仍能够继续北上, 下一个熊军阻击位在 1943 左右.

Bank of Japan announced negative interest rate boosted the rally all over the world. And today is the last day of the month. There could be some kind of window dressing and pension fund rebalancing. They could add the fuel to the rally as well. Today SPX +46 points, 2.48%. Now SPX -5.07% for the month.

SPX just finished 2 down months. SPX retraced 41% of the loss since November high. 50% retracement will be SPX 1964. 61.8% retracement will be 2000. Don't know how far it can go. But January selloff was too severe. There are a lot of longs underwater. The rally won't be very easy and smooth. Yes, today's rally is a very good breakout to the upside and is very impressive. But I am not as excited as many bulls. My cycle analysis indicates early February is neutral to bearish.

ES trading on Monday:
·         First day of the month. There could be some new money for new month coming in, and push up further. But given today's massive rally, there could be some pull back.
·         Upside resistance 1943
·         Downside support: 1916, 1910.
·         Possible pull back to 1900, 1888 in early February.

源济

谢谢分享，周末愉快！

zhao

above notes are written by you? it' great

georgeyn

shibainu