07/28/2011 Market Outlook (Almost oversold enough for a good bounce)

Cobra

SHORT-TERM: ALMOST OVERSOLD ENOUGH FOR A GOOD BOUNCE

Intermediate-term再看一天吧，情况不妙，特别是Cobra Impulse System已经是sell了（祥见今天的Trading Signals），而Non-Stop昨天也解释了，基本也是sell了，因此officially，intermediate-term trend is down now。

Short-term，今天的Trading Signals里提到了，在水里的牛牛就忍一忍吧，理由是我的两个终极看oversold的武器，T2122 and NYMO，已经非常接近oversold了，因此再跌的话，多半还会涨回来，既然都坚持到今天了，那就不妨多等几天吧。

 

INTERMEDIATE-TERM: BULLISH JULY

See 07/01 Market Outlook and 07/05 Market Outlook for more details.

SEASONALITY: BEARISH FRIDAY BUT BULLISH WHOLE WEEK

See 07/22 Market Outlook for more details.

Also see 07/01 Market Outlook for July seasonality chart.

ACTIVE BULLISH OUTLOOKS:

• 07/01 Market Outlook: Bullish July.  Also one more evidence in 07/05 Market Outlook.
• 07/07 Market Outlook: New NYHGH high means SPX higher high ahead.

ACTIVE BEARISH OUTLOOKS:

• 07/20 Market Outlook: Multiple evidences arguing for more pullbacks ahead. Also 2 more evidences in 07/25 Market Outlook.
• 07/22 Market Outlook: Bearish on AAPL, therefore QQQ as well.

SUMMARY OF SIGNALS FOR MY  PUBLIC CHART LIST: 

TREND MOMENTUM COMMENT Long-term 2 of 2 BUY Intermediate 3 of 5 SELL 5 of 5 NEUTRAL Cobra Impulse in *SELL mode; Non-Stop in BUY mode. Short-term UP 3 of 6 OVERSOLD

TREND COMMENT QQQ & Weekly UP NAMO oversold. IWM & Weekly UP Beware of 1-2-3 Trend Change. SSEC & Weekly UP Big red bar usually means a start of downtrend, so be careful here.  EEM & Weekly UP   XIU & Weekly UP Beware of 1-2-3 Trend Change. DAX & Weekly UP   TLT & Weekly DOWN   UUP & Weekly DOWN GLD & Weekly UP   USO & Weekly UP   XLE & Weekly UP   XLF & Weekly DOWN IYR & Weekly UP 4.4.3 Real Estate iShares (IYR Weekly): XHB lags, be careful. XLB & Weekly UP Beware of 1-2-3 Trend Change.

* = 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.

wower

沙发！！！
感谢老蛇！！

Whigs

胡同儿串子

胡同儿串子

spy2011

Whigs

连续两天坐到板凳 - 这要有怎样的运气！
所以，我最近说的话，你们可得掂量掂量。。。

Bencat

开小差

thx,ding

oldfox

jcs

新低手

jump in if tommorrow opens sharply low? I am holding cash and already waited for 1 week

greenback

dommy

源济

marquis

都点困惑, 就是中期利于熊, 短期利于牛??
中期会继续下跌, 而短期会有反弹? 那是不是就该继续 sell bounce?

IMeMyself

thanks

Jinan90

这几天确实很微妙，暴风雨前的狂风吹起来了。

nanosensor

Thanks