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SPY SETUP |
ENTRY DATE |
STOP LOSS |
INSTRUCTION: Mechanic signals, back test is HERE, signals are HERE. TRADING PLATFORM: SSO/SDS, UPRO/SPXU |
Non-Stop |
09/07 L |
N/A |
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ST Model |
02/11 L |
breakeven |
*Stopped out long position on 02/15 flat. I think I need to update the model to avoid this kind of cases happening again and again. |
Short-term |
N/A |
N/A |
Trend is UP. I hold long position overnight, slightly underwater. | |
My Thoughts |
I’m almost convinced that this could be a primary 3 of 3 up to much much higher. | |
SHORT-TERM: COULD SEE REBOUND TOMORROW
今天要说的,在After Bell Quick Summary里已经都说了,由于price overlap,所以看起来不像是big correction的开始。而明天根据Presidents day的seasonality,看起来收绿的可能性很大,plus已经是连续5天gap down了,熊熊愣是没有把牛牛砸下去,所以下面牛牛反攻的几率很大。这样,我猜,非常可能yesterday high will be retested tomorrow at least。
On a little bit longer than short-term,我暂时维持本周是key week的看法。下面的图,according to Schaeffer是说hedge fund买了很多put,因此是在accumulation mode,所以牛,但是personally,我觉得红线的上升已经到了一个不可持续的level,因此,尽管目前是bullish,但很大可能我们这一轮rally已经在final stage了。当然,我不sure是否就是本周,trading wise,对我并不重要,什么时候short-term model开始高高兴兴的hold short overnight了(注意,不是被过夜哈),什么时候就是pullback的开始了,因为我simply follow the market。
INTERMEDIATE-TERM: WHETHER THIS IS PRIMARY 3 OF 3 TO GALAXY FAR FAR AWAY WE MAY KNOW THIS WEEK
See 02/04 Market Recap for more details.
SEASONALITY: BEARISH MONDAY AND FRIDAY
See 02/11 Market Recap for more details.
HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST
- Please make sure you understand how to use the table above. The purpose of this report is to provide info so contradictory signals are always presented.
- Conclusions can be confirmed endlessly, but trading wise, you have to take actions at certain risk level as soon as you feel the confirmation is enough. There’s no way for me to adapt to different risk levels therefore no trading signals will be given in this report except the mechanical signals such as SPY ST Model.
- * = New update; Blue Text = Link to a chart in my public chart list.
- Trading signals in OTHER ETFs table are mechanical signals. See HERE for back test results. 08/31 L, for example, means Long on 08/31.
- UP = Intermediate-term uptrend. Set when I see at least one higher high and higher low on daily chart.
- DOWN = Intermediate-term downtrend. Set when I see at least one lower high and lower low on daily chart.
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