04/28/2011 Market Outlook (Still expect some weakness ahead)

Cobra

SHORT-TERM: EXPECT PULLBACK AS EARLY AS TOMORROW

三点说明：

1. 还是看回调，最快明天。
2. 今天的Trading Signals很重要，还没看的，记得看一下吧，因为提到SPY ST Model可能在喊top了。过去的top，SPY ST Model都喊准了，所以不要轻易否定这个信号。
3. 操作上，如果有回调的话，只要不是很猛，就应该是买的机会。

看回调的理由基本上跟04/27 Market Outlook一样，只不过更加extreme了。

SPX closes out of BB top for 3 consecutive days, short at today’s close and cover tomorrow (if SPX closes below BB top), you’ll have 90% chances since year 2003. 记得今天的Trading Signals里，我还提到可能今天收盘short不是best entry吗？下面的图也解释了为什么，100%的机会明天会有higher high。

 

T2112更加extreme了，就不解释了。

 

还有一个理由，for fun only哈，有没有注意到最近都是连涨三天，第四天跌哈？呵呵。

 

其他还有几个比较bearish的信号，不一定说明天要跌，但是应该短期对牛牛不利，看一下吧。

OEX Put/Call Ratio surge again。

 

Rydex Traders（散户）太太太牛了。

 

INTERMEDIATE-TERM: SPX NOW IN 1352 TO 1381 WAVE 5 PRICE TARGET AREA, WATCH FOR POTENTIAL REVERSAL

See 04/27 Market Outlook for more details.

SEASONALITY: BEARISH MONDAY, THURSDAY AND FRIDAY, BULLISH WEDNESDAY

See 04/21 Market Recap for more details.

ACTIVE BULLISH OUTLOOKS:

• 09/27 Market Recap: 9 POMO within 20 trading days means 14%+ up in 3 months.
• 02/23 Market Recap: Pullback could last 4 weeks, then 02/18 highs will be revisited.
• 03/11 Market Recap: Bullish in 3 to 6 months.
• 04/01 Market Recap: Bullish April.
• 04/21 Market Recap: QQQ weekly Bullish Engulfing is bullish for the next 6 weeks.

ACTIVE BEARISH OUTLOOKS:

• 03/18 Market Recap: 03/16 lows will be revisited.  Failed!
• 04/21 Market Recap: SPX will close below 04/20 close soon.
• 04/27 Market Outlook: IBM down on ER and AMZN up on ER mean lower SPX price in 5 weeks.

HIGHLIGHTS OF THE OTHER ETFS IN MY PUBLIC CHART LIST: 

TREND CANDLESTICK COMMENT QQQ & Weekly UP Bearish Harami IWM & Weekly UP *ChiOsc is way too high. SSEC & Weekly UP More weakness would mean downtrend, be careful. EEM & Weekly UP Doji  XIU & Weekly DOWN May see further pullback. TLT & Weekly UP FXE & Weekly UP Spinning Top *3.1.1 US Dollar Index Bullish Fund: Volume surge, bottomed? GLD & Weekly UP *ChiOsc is a little high. GDX & Weekly UP Shooting Star USO & Weekly UP Doji  XLE & Weekly UP Hollow Red Bar XLF & Weekly DOWN Bear Flag? IYR & Weekly UP XLB & Weekly UP Doji

* = New update; Blue Text = Link to a chart in my public chart list. UP = Intermediate-term uptrend. Set when weekly buy signal is triggered. DOWN = Intermediate-term downtrend. Set when weekly sell signal is triggered.

aimei

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aimei

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aimei

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aimei

First ever
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aimei

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jamesmith

jamesmith

aimei 发表于 2011-4-28 20:05
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congrats, sit on sofa with aiai~~ ^-^

jennifer

Very bullish Friday!

frogguru

aimei

jamesmith 发表于 2011-4-28 20:09
congrats, sit on sofa with aiai~~ ^-^

Hug hug

MoMo

Billyboy

大牛Steve

hunting

vicvic

BRCBRC

happyface

thanks

yubo

sooners

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