11/05/2009 大盘回顾 （Not out of the woods yet）

Cobra

Summary:

Fib 50 retracement, multiple resistances ahead, bulls are not out of the woods yet.

	TREND	MOMENTUM	EMOTION	COMMENT - Sample for using the trend table.
Long-term	Up		Disbelieve
Intermediate	Down	Neutral
Short-term	Up	Neutral	Doubt
SPY SETUP	ENTRY DATE	INSTRUCTION	STOP LOSS	Mechanic trading signals for reference only. Back tested since 2002.
ST Model				Officially in downtrend.
Reversal Bar
NYMO Sell	10/21 S		11/04 High	*Stopped out with gains on 11/05.
VIX ENV

 

INTERMEDIATE-TERM: STILL COULD BE A SELLABLE BOUNCE

 

The bottom line，short-term is up，不过intermediate-term还不好说。三个理由：

 

1. Up on light volume。下图是SPX price up 4 days in a row while volume down 4 days in a row的统计。其他未在图上显示出来的有，08/02/2004，01/09/2006，05/07/2007，09/14/2007。这些case第2天都跌了。当然case太少，不说明啥问题，仅供参考。

 

2. 1.0.3 S&P 500 SPDRs (SPY 30 min)，正好是Fib 50 retracement，因此还属于rebound的范围。此外，上面有不少resistance，plus lots of negative divergences，所以呢，明天怎么样，很难说。

 

3. 7.1.0 Use n vs n Rule to Identify a Trend Change，it took 4 days to recover the previous 1 day loss，因此介还是个sellable bounce。

 

SHORT-TERM: NO UPDATE

 

INTERESTING CHARTS: NONE

Niubao

sha fa ma?

真的是沙发？！ 第一次喔

rosyrosy

bench

wnd4

shafa, missed.

impresario100

flyingdust

Bench?

abaqus

shafa

LadyLucy

temujin

thanks

Fan8an

第一页

usamonkey

thanks

Diffusion

Wolf

summer123

dara

so early today?

Two cases:
    1. touch 107x, form RS, and resume drop
    2. push high to 1100+ once more and drop.

1. too obvious
2. not easy, basically it need Apple and other guys make new high. Right now GS and other finance are way lower than their previous high.

kembangansg

谢老大!

busywind

DING

stockgirl

First page!

sunnysunny

reks

1st page. Thanks Banzhang!