Summary:
Firework trading setup was triggered today.
Still possible a short-term top is very close.
INTERMEDIATE-TERM: NO UPDATE
Intermediate-term,俺的看法集中在介个图里:1.2.1 Dow Theory: Averages Must Confirm,BPSPX and NYA200R都太高,因此可能会重复2004年初的情形,大约会有10%左右的correction。No idea when though。
SHORT-TERM: A FIREWORK WAS TRIGGERED
今天CPC盘后的数据变化很大,从close at 0.82修正到0.75,这意味着:
1. 6.1.1 Extreme CPC Readings Watch,28 out of 35 times a green close tomorrow。
2. 6.1.3 Firework Trading Setup,要放焰火庆祝天朝国庆了。
Chart pattern也支持可能还有上涨:1.1.5 PowerShares QQQ Trust (QQQQ 30 min),可能是个Triangle pattern,target $43.07,而1.0.2 S&P 500 SPDRs (SPY 60 min)则可能是个Bull Flag,因此也支持上涨说。
Short-term,俺的看法还是介个图:1.1.3 QQQQ Short-term Trading Signals,今天fulfill了gap down的预言,下面就看是否真的离top不远了,注意蓝色的圈圈,前两次QQQQ出了黑棒棒后都没有走很远,因此如果此后几天firework不是放得很高的话,那黑棒棒的第二个预言也是有可能会实现的。
INTERESTING CHARTS:
2.0.0 Volatility Index (Daily),After Bell Quick Summary里说的VIX黑棒棒可能意味着反转,下面是更长点时间段的visual back test。3.1.0 PowerShares DB US Dollar Index Bullish Fund (UUP Daily),有空可以看看,也是黑棒棒,也就是说米金可能要跌。VIX plus UUP,这两个跌,皆对大盘有利。
P.S. 黑棒棒 = Open high close lower but the close is till higher than the previous close. This means an intraday reversal happened and therefore the bar has good chances of leading to a reversal on the daily chart. |