本帖最后由 源济 于 2017-6-3 11:15 PM 编辑
Market Observation (6/3/2017)
June 3, 2017
Market did trade in side way for 4 days…but not 7-8 days as I predicted and that will bring the different outcome!
As I said in previous post, we may see market rally go to 2430-50, well, here it is. Based on my observation, it is possible that we may rally to 2445-50 area. But, it will stall there again and back to 2430…that’s my best guess right now.
2380? umm..I wish..but let us step by step…just 2380 right now. How about 2399?
Frankly, in short term, there is possible we may even see some sort of pull back even on Monday(SPX), of course, no guarantee under such bullish environment. I know some charts look very bullish and internal looks fine. However, some early warnings are showing here.
VIX 2 hours : we have divergence here and there is naked bullish pattern formed. It doesn’t mean we will pull back tomorrow. but…
Meanwhile, I don’t know how many people notice about divergence between SPX and XLF: Based on my experience, sometimes the TOP is formed with divergence between SPX and XLF:
I already sold some calls and I will continue selling calls on the way up with money management. Of course, if I am wrong, I will cut and take the lose.
For crude oil, I am still thinking this is just shaking the weak hands. But it is just my observation and it could be wrong. Tighten your stop. My stop is around 45 area.
Have a great weekend!
|
狗仔卡
发表于 2017-6-3 10:24 PM
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
发表于 2017-6-3 11:52 PM
